Fiji And Indonesia To Intensify Trade And Investment

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Efforts to enhance economic cooperation and capacity building

By Reginald Chandar

SUVA, Fiji (Fijilive, March 1, 2015) – The Governments of Fiji and Indonesia have agreed to intensify investment and trade cooperation in the area of fisheries, agriculture processing and marketing cooperation of individual countries’ national products.

The agreement was reached during first bilateral meeting between Indonesia’s Foreign Minister Retno Marsudi and her Fijian counterpart Ratu Inoke Kubuabola in Nadi today.

The two Ministers stressed there are still great untapped potentials in the area of trade between Fiji and Indonesia which has reached US$ 26.2 million and agreed to enhance investment and cooperation.

They discussed efforts to enhance economic cooperation and people-to-people contact particularly through capacity building and technical assistance.

They also discussed the possibility of holding the first Joint Ministerial Commission in August 2015. In the area of people-to-people contact, the Ministers welcomed the various capacity building and technical cooperation programs that have been undertaken.

13 capacity building programs were undertaken in areas such as education, fisheries, agriculture, women empowerment, disaster management and democratization last year.

Minister Marsudi’s maiden visit to Fiji reflects Indonesia’s renewed commitment to strengthen cooperation, relations and contribution to the development of countries in the Pacific based on mutual benefit and mutual respect on territorial integrity as of strategic importance.

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