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Crean Explains Next Step In Pacific Regional Trade And Economic Integration,
by Mary Swire, Tax-News.com, Hong Kong
Thursday, June 18, 2009
Australia's Minister for Trade, Simon Crean, and Parliamentary Secretary for
International Development Assistance, Bob McMullan, have welcomed the outcomes
of the 2009 Pacific Islands Forum Trade Ministers Meeting just concluded in
Apia, Samoa.
"The Pacific region has today (June 18) taken a very significant step
towards increasing economic growth and sustainability," Mr Crean remarked,
adding:
"My regional counterparts have agreed to recommend to our Leaders that
PACER Plus negotiations be launched at the Forum Leaders Meeting in Cairns in
August."
"The hard work begins now to ensure that we support our neighbours in
enabling them to take advantage of existing market opportunities, and show what
we mean by putting the substance into the "plus" of PACER Plus,"
he continued, further remarking:
"I am pleased to announce that Australia will provide up to AUD15.5m (USD12.2m)
over four years for the Pacific Market Access Program that will help Forum Island
Countries to meet customs and import quarantine requirements of key trading
partners, including Australia."
"Over the next year, we will work closely with key stakeholders and regional
organizations to finalize arrangements and begin working with Pacific governments
to achieve our goal of increasing horticulture and agriculture exports and creating
prosperity for Pacific communities."
Developing countries that have promoted exports and international competitiveness
have been the most successful in achieving long term economic growth.
In particular, the export of high-value agricultural commodities has expanded
rapidly in other parts of the world, significantly contributing to economic
growth. However the development of these markets by Pacific island countries
has been slow.
"In addition, Australia, with New Zealand, has agreed to provide up to
AUD500,000 (USD396,551) per annum each for three years to fund a regional Office
of Chief Trade Adviser whose job will be to assist Forum Island Countries to
participate in the PACER Plus negotiations," Mr McMullan announced, adding:
"This is in addition to funding that we have already made available to
build trade negotiating capacity. Australia has allocated AUD65,000 (USD51,551)
for each Pacific island country to undertake independent trade related research
and the Australian Leadership Award Trade Fellowship provides a total of AUD1.275m
(USD1m) for at least one official from each Forum Island Country to undertake
training at the Institute of International Trade at Adelaide University."
The Australian Government has allocated AUD410,000 (USD325,253) for WTO trade
facilitation needs assessment workshops, run by the Oceania Customs Organization
in the four WTO member (PNG, Solomon Islands, Fiji and Tonga) and two accession
countries (Samoa and Vanuatu).
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