FIJI SEEKS INVESTMENT AND KNOWLEDGE FROM CHINA

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Trade between countries rapidly increasing

SUVA, Fiji (Fiji Sun, June 8, 2009) – The Government is looking to China not just for trade and investment dollars.

It is also seeking Chinese help with skills to boost the country’s "knowledge base" capacity.

Attorney-General and Trade Minister Aiyaz Sayed-Khaiyum told a visiting Chinese delegation the Government is "thinking outside the box".

It is liberalising the economy to unleash Fiji’s potential for the benefit of both its people and trade partners, he said.

Mr. Sayed-Khaiyum said Fiji is also keen to capitalise on China’s vast "knowledge base".

Plus the advantages in technology, and trade expertise China can provide.

The bilateral trade relationship with China netted the Fiji economy $US93.07 million last year. This is a rise of 36.4 per cent on the previous year.

The Government wants to develop this further.

Sayed-Khaiyum said a solid history of mutually beneficial trade deals and a like-mindedness will further cement the China-Fiji trade relationship.

The Trade and Investment Bureau hosted 40 Chinese officials and entrepreneurs to further build cooperation between the countries.

China’s deputy commerce minister accompanied the delegation.

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