PNG TRADE WAR THREAT LOOMING
Fiji tipped working on resolving
As an “all out” trade war threats looms from Papua New Guinea end, the Fijian Government has mainly been mum about the whole fiasco. However, the Fiji Sun understands Fiji is indeed looking into this matter, and quite seriously. A lot of Fijian businesses export merchandise to PNG and a trade war could ultimately affect the businesses’ bottom line. As the Post Courier reports, PNG has given Fiji until the end of August to lift the restrictions on Papua New Guinea’s products, including its famous Ox and Palm, or risk an all out trade war. PNG’s Trade, Commerce and Industry Minister, Richard Maru, said: “Fiji has now been put on notice.
“If it fails to take immediate actions to resolve its unfair and illegal trade practices, then the PNG Government will have no choice but to take actions to seek redress.”
In his last statement on this issue, Minister for Industry, Trade and Tourism, Faiyaz Siddiq Koya, has already emphasised Fiji has placed no unnecessary restrictions on PNG imports. However, he stated imports from PNG, like any other country, will be permitted into Fiji, provided it satisfies our biosecurity requirements.