Pacific trade

New areas for Pacific investment identified in wake of COVID-19

The acting Trade Commissioner, Glynis Miller, said investment was a key driver of sustainable economic growth and the Pacific needed foreign direct investment.

The organisation said this was more important than ever given the Pacific's reliance on tourism and the way the sector had been decimated by the coronavirus pandemic.

Chief Investment Officer, Manuel Valdez, said Pacific Trade Invest New Zealand held a rich database of information on what he called "bankable investment projects" across several industries.

Pacific countries condemn 'misleading' statements on PACER Plus

RNZ reports the Australia and New Zealand led negotiations for the "Trade and Development" arrangements are due to wind up this month with the signing and ratification set to take place by December.

But the Pacific Network on Globalisation has consistently opposed PACER PLUS, saying it favours Australia and New Zealand and raises concerns about sovereignty.

PANG has repeatedly called for a halt to negotiations until an independent impact assessment of the proposed deal is conducted.