Fiji will profit from an settlement signed between the Pacific Islands Discussion board Secretariat and the World Commerce Group (WTO) in Nadi on Friday.
The WTO Settlement on Fisheries Subsidies has been in place for 22 years and was renewed on the Workshop for Pacific Commerce and Fisheries Ministers assembly.
Ministers from Australia, New Zealand, Fiji, Papua New Guinea, Samoa, the Solomon Islands, Tonga, and Vanuatu took half within the assembly that was additionally attended by the director-general of WTO, Ngozi Okonjo-Iweala.
Minister for Commerce, Commerce, Tourism and Transport, Faiyaz Koya, highlighted that the go to of the director-general of the WTO to the Pacific area demonstrates her dedication to listening to the views and voices of all WTO members, particularly essentially the most weak.
“It’s additionally crucial and important for the Pacific as a result of we confirmed solidarity in getting it performed and everyone acknowledges it and that’s the way in which ahead for us,” mentioned Mr Koya.