Fiji Vows to Increase Supply to NZ to Reverse Trade Deficit
Fiji’s Agriculture Minister is focused on reversing the growing trade imbalance with New Zealand.
Inia Seruiratu highlighted this while visiting Auckland at a fresh produce forum yesterday.
He said the deficit has grown from an annual US$207 million ( FJ$426.78m) to US$280 million (FJ$577.29) since 2011.
Mr Seruiratu said the increase demand for goods in Fiji justifies the growing number of imports, but he said there was huge potential to boost exports to New Zealand.
He said the problem had been farmers in Fiji not being able to produce consistently throughout the year.
“Those people need food everyday and we need to be consistent in our supply levels as well,” said Mr Seruiratu. “Volume is another big issue as well, for us to meet the expectations we need to produce the volumes as well.
“And quality, we need to produce good quality products because we are competing with other market exporters and suppliers as well.”
Minister for Agriculture, Rural & Maritime Development & National Disaster Management.