Growth potential – Trade mission a platform for businesses to interact
21 March, 2023, 6:00 pm
The 2023 Fiji Investment & Trade Mission to New Zealand provides a platform for businesses from Fiji and New Zealand to interact and learn about both markets, and crucially to make business-to-business connections.
Deputy Prime Minister and Minister for Trade, Cooperatives, SMEs and Communications Manoa Kamikamica said opportunities existed across a range of sectors – including pharmaceutical production, fish processing, building and construction, cosmetics, textiles, clothing and footwear, as well as high-end furniture and value-add raw materials – astute businesses of all sizes are being offered partnership incentives by Fiji Government.
“We also share close trade and investment ties. New Zealand continues to register as one Fiji’s largest trading and investment partners.
“It is pleasing to note that New Zealand investments in Fiji remains to grow. The two main sectors of investments from New Zealand are tourism and services. The two-way trade between Fiji and New Zealand is $813.9 million in 2021.
“We aim to increase our two-way goods and services, reduce barriers to business, and encourage private sector development,” said Mr Kamikamica.
He said the 2023 Fiji Investment and Trade Mission was the first of this year.
“With the various panel discussions and business to business meetings that are lined up by the organisers, we intend to see over 100 business to business engagement for potential investors and exporters.
“Going forward, we still can leverage the potential strength of Fiji and New Zealand’s economic relations.”
Mr Kamikamica said their efforts at the mission were to increase the volume of exports and the range of products from Fiji to New Zealand.
“Additionally, we need to ensure that our engagement and B2B discussions will result in direct investments into Fiji from NZ. For the whole week this will be my mission and that of my teams.”