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August 11, 1999

A guidebook to foreign investment in 14 Pacific Island countries has been up dated by the Suva-based South Pacific Forum Secretariat.

The 200-page document introduces potential investors to the investment climate, rules, regulations and procedures that exist in the Cook Islands, Federated States of Micronesia, Fiji, Kiribati, Nauru, Niue, Palau, Papua New Guinea, Republic of Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu.

The investment guide notes that while many of the island countries have small populations, limited resources and are largely remote from major world markets, they all share a growing determination to move towards greater economic self-sufficiency.

The amount and type of published information on each country varies according to the size of each economy and its level of economic development.

Although particular emphasis has been given to matters of interest to overseas investors, domestic investors will also find the guide useful as they contemplate in-country investment opportunities as well as opportunities in other Forum island countries.

Among the topics covered are government policy, investment incentives, limitations on investors, relevant legislation and controls, competition policy, business structures, labor and labor relations, availability of finance and taxation.

Other related issues such as preferential trade access, transport and infrastructure are also covered. The sections on each country include contact addresses for investors wishing to pursue investment inquiries in more detail.

Copies of the investment guide are available in limited numbers and the entire document will eventually be posted on the Forum Secretariat website

Forum Secretariat, Suva

For further inquiries, please contact the South Pacific Forum Secretariat, Private Bag, Suva, Fiji. Tel: (679) 312 600, Fax: (679) 312 226 E-mail:

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