THE Pacific Agreement on Closer Economic Relations Plus or PACER Plus is a useful catalyst for the further development of New Zealand-Fiji economic linkages and for the wider economic development of Pacific Islands.
New Zealand-Fiji Business Council president Chandar Sen said it was important for the business community.
“We all want to see bilateral trade and economic linkages continue to grow,” Mr Sen said at the closing of the Fiji-Australia, Fiji-New Zealand, Australia-Fiji and New Zealand-Fiji business councils’ joint conference yesterday.
He said New Zealand and Fiji enjoyed significant trade and economic linkages.
“It’s the most diversified and sophisticated economic relationship that NZ has in the Pacific.
“Statistics for two-way trade in goods and services already point to a figure of more than $NZ1 billion ($F1.50b).
“We should be looking to grow this further to the mutual benefit of both countries. There is plenty of scope to do so.”