BUSINESS NEWS
Aussie trade pumps $2b into our economy
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June 29, 2012 12:00:00 AM
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Fiji earns approximately $2 billion annually through trade deals with Australia.
This was revealed during the Fiji/Australia Business Council (FABC) cocktail in Nadi this week.
The council has expressed support to Government for the various tax and business incentives.
The incentives introduced over the past five years which according to many are ‘Economical Lifelines’ that has prompted them to surge on.
Despite the on-going political debacle between Fiji and Australia, FABC members are adamant that with the Constitution Consultation in process and other developments leading up to the 2014 Elections, the prospects for expanding business opportunities between the two countries looks promising.
Meanwhile, the Attorney General and Minister for Trade Aiyaz Sayed-Khaiyum who was a chief guest at the Fiji/Australian Business Council expressed his concern at the delay by Australian Customs Authority in clearing containers from Fiji at both Sydney and Brisbane ports.
By Ropate Valemei
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