Economic reforms to spur trade with NZ

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Minister for Foreign Affairs and Legal Trade, Sakiasi Ditoka (sitting second from left), New Zealand High Commissioner to Fiji Greg Andrews and NZFJBC president Chandar Sen (sitting left) with the delegates from NZ and Fiji. Picture: KARISHMA KUMARI

FIJI is focused on major economic reforms, including Agribusiness and food systems, renewable energy and climate solutions, tourism and aviation services, digital economy and ICT services, infrastructure, logistics and construction, education, skills development, and professional services.

This was announced by the Minister for Foreign Affairs and Legal Trade, Sakiasi Ditoka during the New Zealand Fiji Business Council (NZFJBC) Mission 2026 opening at the Tanoa Plaza Hotel in Suva, yesterday.

Mr Ditoka said these reforms are aimed to achieve the $NZ2 billion target in the annual two-way trade by 2030. He said Fiji is committed to agriculture as a central pillar of its export-led growth strategy by exporting ginger, turmeric, taro, papaya, pineapple, and a range of tropical fruits and vegetables.

However, he said, as the global demand is growing rapidly, particularly in wellness and natural health markets, the ambition is not to remain at the level of raw exports, but to move up the value chain into processing, packaging, branding, and exporting higher value products such as kava, vanilla, cocoa and coffee that would deliver greater returns to farmers and the economy.

He added that Fiji is also undergoing one of the most ambitious energy transitions in the Pacific with a clear target of 100 per cent renewable energy, or renewable electricity, by 2036. He said Fiji was also seeking investment in tuna value addition, aquaculture, coal storage infrastructure, and sustainable fisheries certification systems.

He said apart from that, Fiji was also building a growing digital economy as opportunities exist in business process outsourcing, ICT services, fintech, digital payments and government digital transformation systems. Meanwhile, New Zealand High Commissioner to Fiji Greg Andrews said despite the global issues, Fiji and NZ need to work closely to achieve these targets.