PACIFIC HERBS FORUM TO BE HELD IN PORT VILA

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PORT VILA, Vanuatu (July 29, 2001 - Vanuatu Weekly/PINA Nius Online)---A "Pacific Herbs Forum" is planned for Port Vila to promote production, processing and trade of traditional Pacific medicinal plants, their extracts and related products.

The event, December 3-5, will be organized and co-financed by the Commonwealth Secretariat, the Center for the Development of Enterprise and the CTA of the Cotonou Agreement.

The forum will consider the benefits of kava, noni, ginger, tiara, and other products.

Participants will include key representatives of the pharmaceutical industry, medical experts, herbalists, scientists and companies at the forefront of the processing and export of such products.

Participants will also discuss trade-related issues such as non-tariff barriers, regulation and licensing, patenting standards and quality control.

Europe is the world’s largest market for medical plants, accounting for 30% of global sales. The annual trade in medicinal plants is worth US$ 9 billion worldwide.

Given the increasing importance of this sector for the region, various African, Caribbean, Pacific (ACP) group Pacific countries had expressed their strong interest in hosting the event.

However, Vanuatu was selected as the host country through the intervention of its representative, Mr. Surendra Sharma.

The local contact point for this event is the new Center for the Development of Enterprise, Vanuatu Foreign Investment Board.

Pacific Islands News Association (PINA) Website: http://www.pinanius.org 

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