IPEF could respond to current challenges – FBC News

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[Source: Ministry of Commerce, Trade, Tourism and Transport/Facebook]

The Indo-Pacific Economic Framework can be an innovative arrangement that could address the current challenges facing small island developing states.

That was the sentiment shared by Permanent Secretary for Commerce, Commerce, Tourism and Transportation Shaheen Ali during the informal IPEF dialogue hosted by the United States in Paris, France.

Ali says this is the first time that a major negotiating bloc has taken a decisive step to include SIDS like Fiji in such a dialogue.

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In his statement to IPEF, Ali shared challenges faced by small countries such as access to global markets, integration into international trade and the ever-present threat that climate change poses to sustainable development.

He also said that Fiji looked forward to discussing how these obstacles could be overcome through innovative solutions.


[Source: Ministry of Commerce, Trade, Tourism and Transport/Facebook]

Fiji is the first Pacific island to join the IPEF and is eager to contribute, with a focus on climate-conscious commitments across the Framework’s four negotiating pillars.

The informal IPEF briefing brought together Fiji, Australia, Brunei, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand and Vietnam.

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