Fiji Time: 6:42 AM on Sunday 1 February

Fiji Times Logo

/ Front page / News

Private sector role vital

Repeka Nasiko
Thursday, March 06, 2014

THE European Union believes the private sector plays an important role in economic development, says EU deputy head of delegation to the Pacific Johnny Engell-Hansen.

While speaking in Nadi earlier this week, Mr Englell-Hansen said the private sector contributed to employment and wealth creation and thus to the reduction of poverty.

"The Cotonou Agreement, which binds the EU and the African, Caribbean and Pacific countries together, dedicates considerable attention to private sector development as a key ingredient of economic growth and poverty eradication," he said.

"It was in this spirit that the ACP Business Climate facility, or BizClim in short, was established in 2006 in order to help create an enabling environment in ACP countries.

"It is aimed at providing technical assistance for the improvement of the business and investment climate."





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Wife tells of sorrow
  2. On the hunt
  3. 7s recall
  4. Justice to the brave
  5. Tears of joy roll
  6. Workers warned to follow the rules
  7. Community mourns loss
  8. Murder suspect in custody
  9. School gifts for Nilesh
  10. Groundbreaking ceremony for $1.5m NFA complex

Top Stories this Week

  1. Killer on the loose Friday (30 Jan)
  2. Who let our boy go swimming Thursday (29 Jan)
  3. Fake tabua inquiry Thursday (29 Jan)
  4. Old market to turn into live fish shop Tuesday (27 Jan)
  5. FRCA terminates officers Tuesday (27 Jan)
  6. Things you didn't know about Kuridrani Monday (26 Jan)
  7. Community in shock Friday (30 Jan)
  8. Man charged for assaulting daughter Monday (26 Jan)
  9. Tragic end to tour Wednesday (28 Jan)
  10. New-look bus station plans Tuesday (27 Jan)