Named after the Fijian concept of “working together”, the agreement sets out cooperation across five key areas: economic resilience, democracy and good governance, peace and security, social wellbeing, and climate and disaster resilience.<\/p>\n
While New Zealand works with several Pacific countries through the regional PACER Plus trade agreement, Fiji’s relationship with Aotearoa is guided through the bilateral Duavata Partnership.<\/p>\n
The agreement focuses on trade, investment and wider cooperation between the two countries.<\/p>\n
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New Zealand Foreign Minister Winston Peters, left, and Fiji’s Minister for Foreign Affairs and External Trade, Sakiasi Ditoka, have renewed the Duavata Partnership in Suva. The five-year agreement aims to strengthen cooperation on trade, investment, security, governance, climate resilience and social wellbeing.<\/p>\n
Speaking at the New Zealand-Fiji Business Council Mission in Suva and the Fiji-New Zealand Business Joint Conference, Ditoka said the shared goal of lifting two-way trade to NZ$2 billion should be about creating a stronger partnership that benefits both countries.<\/p>\n
“The journey towards achieving NZD$2 billion in trade and investment between Fiji and New Zealand… must focus on building a stronger and more resilient partnership, rather than simply increasing trade volumes.”<\/p>\n
He said the goal was to create a trading relationship that could adapt to global challenges while opening new opportunities for businesses.<\/p>\n
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New Zealand and Fiji officials meet in Auckland last week. Photo\/Fiji Ministry of Foreign Affairs<\/p>\n
“The real objective was not simply to increase the volume of trade between Fiji and New Zealand, but to create a trade relationship that is broader, deeper, more innovative and more resilient.”<\/p>\n
Ditoka said that approach was becoming even more important as businesses faced growing uncertainty around the world.<\/p>\n
“In a rapidly changing and uncertain global economic environment, stronger partnerships are critical…”<\/p>\n
He also said Fiji was making it easier for businesses to invest and expand.<\/p>\n
“Fiji is undertaking significant reforms to reduce friction in doing business and trading across borders, making it easier for NZ businesses to operate while expanding production capacity for export growth…”<\/p>\n
New Zealand High Commissioner to Fiji, Greg Andrews, said the renewed partnership provides the framework for both governments and businesses to work towards the NZ$2 billion trade goal.<\/p>\n
Watch Charlotte Darlow highlight key initiatives NZ supports Fiji below.<\/p>\n
“We’ve got our trade goal. Our Prime Minister set us a goal to reach $2 billion in trade,” his statement read. <\/p>\n
“At the moment, we’re at $1.4 billion. So, we’ve got a little bit of work to do, but really working very closely with New Zealand and Fiji businesses on that.”<\/p>\n
Andrews said the strong relationship between Fiji and Aotearoa, together with close business and people-to-people links, would help unlock further trade and investment opportunities.<\/p>\n
For Fiji, the renewed agreement is about more than reaching a $2 billion trade target. <\/p>\n
Both governments say the next five years will focus on building stronger businesses, attracting investment and creating a more resilient partnership that can withstand global economic uncertainty.<\/p>\n","protected":false},"excerpt":{"rendered":"Fiji and New Zealand have launched a renewed five-year partnership aimed at strengthening trade, investment and regional cooperation.…\n","protected":false},"author":2,"featured_media":546070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[111,43,139,69],"class_list":["post-546069","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-new-zealand","tag-news","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/546069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=546069"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/546069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/546070"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=546069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=546069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=546069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}