A formal agreement has been signed between two national private organisations in Fiji and India, and is anticipated to strengthen economic corporation, trade and investment opportunities.
The memorandum of understanding (MoU) was signed between the Fiji Commerce and Employers Federation (FCEF) and the Confederation of Indian Industries (CII).
It was announced through the India-Fiji Joint Statement: Partnership in the spirit of Veilomani Dosti on the visit of Prime Minister Sitiveni Rabuka to India.
The CII is India’s premier business association with 9000 members from the private and public sector, and an indirect membership of more than 300,000 enterprises from around 265 national and regional sectoral industry bodies.
“We are very excited about the opportunities for Business to Business (B2B) connectivity, potential for knowledge and technology transfer and the economic opportunities that the MoU will enable between the two organisations and countries,” FCEF chief executive officer Edward Bernard said.
‘Fiji has a lot to learn from the fourth largest economy in the world and for businesses specifically, this MoU is a milestone achievement,” he said.
Mr Bernard said with FCEF as the country’s premier national private sector organization, the agreement would contribute to greater south-south corporation between the two organisations.
He said early this year, FCEF had signed a similar MoU with the Federation of United Arab Emirates Chambers of Commerce & Industry.
“The federation is venturing into these Bilateral Business Partnerships (BBPs) and establishing Country to Country Business Councils (C2CBCs), as a result connecting businesses and enabling knowledge and technology transfer, enhancing trade opportunities and unlocking investment opportunities.”
Note: This article was first published on the print version of the Fiji Times dated August 27, 2025