Vanuatu

Vanuatu set to enter global cannabis market after passing cultivation, export laws – but some remain sceptical

Key points:

  • Vanuatu's government wants to make industrial hemp and medicinal cannabis a key export commodity  
  • Policeman-turned-businessman Isso Kapum says it will bring wealth to ni-Vanuatu people
  • Tafea Province Agricultural Officer (Tanna) Sam Naiu fears people will abuse, steal the drug 

It paves the way for the country to enter the global cannabis market, with some hoping the plant can become a major cash-crop for local communities.

PNG hands MSG Chairmanship To Vanuatu

Papua New Guinea was chair for three years.

Marape was in Suva, Fiji attending the 51st Pacific Islands Forum. 

At the ceremony, Marape said, “For your trust and confidence in Papua New Guinea’s Chairmanship, it was not easy. The incoming Chairman, Prime Minister of Vanuatu, Bob Loughman thanked Papua New Guinea for holding the Chairmanship for the past several years which were tough and committed to implementing the Objectives of the MSG. 

Match schedule set for FIFA World Cup Qatar 2022™ OFC preliminary competition

The tournament will determine which nation will represent Oceania in the FIFA intercontinental play-off in June 2022, from which the winner earns a spot at the FIFA World Cup Qatar 2022™ finals.  

A standalone match between the two lowest-ranked OFC nations, Tonga and the Cook Islands, will be held on March 13 to determine who qualifies through to join Group A and contest the preliminary competition. 

Group A, which will be made up of the Solomon Islands, Vanuatu, Tahiti and the qualifying match winner, will have its first Match Day on March 17. 

Pacific exporters explore market opportunities in Japan

This was underscored during a recent virtual Japan Market Brief for exporters and stakeholders in the Pacific and facilitated by the Pacific Islands Centre (PIC) and the Pacific Horticultural and Agricultural Market Access Plus Program (PHAMA Plus).

The Brief was attended by PHAMA Plus partners and stakeholders from industry working groups, government agencies and business associations.  It provided insight into doing business in Japan, market opportunities, market access information and service offering for interested exporters.

Sending money home to the Pacific more often

In July 2021, ANZ customers in Australia and New Zealand sent 11,668 International Money Transfers to family and friends in the Pacific, worth AUD$ $13.1m (US$9.6 million), a 21 percent increase in volume when compared to the same period last year.

“In the Pacific, international money transfers - also known as remittances - are about more than money: they are about family, safety, culture, and community,” ANZ Regional Executive, Pacific, Tessa Price said.

ANZ extends fee waiver for money transfers to Pacific

Latest figures show the value and volume of transfers made by ANZ customers to the Pacific has increased substantially on the same period last year.

In February 2021 ANZ Australia and New Zealand customers sent a combined volume of 8,761 International Money Transfers worth AUD$12m (US$9.2 million) – a 95 percent increase in volume and 33 percent increase in value compared with the same period last year.

Money sent back to the Pacific from overseas, known as remittances, can make up a large part of a Pacific household's disposable income - up to 25 percent.

Japan to give $41 million aid to Asian and Pacific nations over vaccine supply

The Foreign Ministry said Tuesday the grant aid will be used to secure cold-storage facilities, transport vehicles and other equipment necessary for the stable delivery of vaccines in those countries, including Indonesia, the Philippines and Thailand, according to the ministry.

Japan aims to help ensure the delivery of vaccines "to each and every person in the all corners of developing countries" with the hope of containing the coronavirus pandemic as quickly as possible, it said, adding the aid will be delivered through the United Nations Children's Fund.

New campaign to help Pacific islanders tackle online fraud and keep remittances flowing

The ‘Get Safe Online Pacific’ guidance provides essential tips and information for people across the Pacific to help make sure their experience of sending or receiving money overseas is successful, safe and economical.

Sending and receiving remittances to and from Pacific Island countries has become hugely important to the very survival of island nations throughout the Covid-19 pandemic.

According to the World Bank, in 2017 alone nearly 20% of Tonga’s GDP came from remittances.

Pacific Heads of Customs administrations pledge to work together

At the conclusion of the OCO Heads Annual Conference on October 20, themed “Working together to build a safer Blue Pacific”, leaders of Customs administrations in the region stated the loss in revenue collection for their governments due to the closure of borders as their biggest cost of COVID-19.

However, in addition to generating revenue for their governments, Customs administrations are increasingly being presented with other challenges such as the rise of illicit drugs, contraband goods and having to crew quarantine centers.

UAE sends medical aid to Pacific Island countries in fight against COVID-19

The countries include Fiji, Kiribati, Marshall Islands, Nauru, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu, Federated States of Micronesia, Palau, Cook Islands, and Niue.

Commenting on the delivery, Abdulla Al Subousi, Ambassador Extraordinary and Plenipotentiary of the UAE to Australia, said, "Today’s aid shipment to Pacific island countries reflects the UAE’s continued efforts to support and stand by these countries to contain the spread of COVID-19 by providing critical medical supplies and protection to strengthen the efforts of healthcare personnel."