Fijian Trade Policy Framework (2015-2025)
The Fijian Trade Policy Framework (2015-2025) (FTPF) is Fiji’s first ever trade policy framework, which is aimed at ensuring a coordinated and consistent approach of maximizing the development gains, by enhancing the Fijian industries, investments, and our trade.
The FTPF was formulated using a bottom-up approach, based on the ground realities and national priorities, including the true reflection of the challenges and the opportunities for the Fijian economy. The FTPF provides a single reference point for all stakeholders (including Foreign Investors), on Fiji’s roadmap towards a modern, inclusive and beneficial trade policy.
The FTPF is holistic as it encapsulates all segments and sectors of the economy. The development of the FTPF is guided by the following fundamental principles, which serve as the foundation for the development of the trading and commercial sectors:
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- Maintain coherence with national policies and laws;
- Pro-growth and Pro-development;
- Job creation and poverty alleviation;
- Raising the standard of living for all;
- An enabling and open business environment for private sector growth;
- Export growth and diversification, and enhancement of international competitiveness;
- Sound and stable fiscal and balance of payment position;
- Promote competitiveness of domestic firms and enhancement of domestic production and service provision;
- Improve human capital and technical skills; and
- Ensure sustainable development and environmental protection.
The FTPF is well-designed to support the competitiveness of Fijian firms at each stage of the supply chain by creating efficient infrastructure services, promoting exports and foreign investment, improving access to inputs and capital goods and moving goods across borders effectively by addressing export market issues. The Framework addresses the inherent and overriding constraints faced by both public and private sectors, at every stage of production and distribution of goods and services for export.
The FTPF Capitalises on the positive reforms undertaken by the Fijian Government to improve Fiji’s business environment and trade related infrastructure, in order to position Fiji as the trade and economic hub of the Pacific Region.