Fiji Sun

TRADE FACILITATI­ON

WORKSHOP FOCUSES ON PRIVATE SECTOR

- IVAMERE NATARO Feedback: ivamere.natarao@fijisun. com.fj

Anational trade facilitati­on workshop that aims to enlighten the role of Micro, Small and Medium Enterprise­s (MSMEs) in the Trade Facilitati­on Agreement was held yesterday. Internatio­nal Trade Centre senior trade facilitati­on adviser trade facilitati­on and policy for business, Mohammad Saeed said the workshop was essential for private sectors to understand their role stipulated in the Trade Facilitati­on Agreement.

Biosecurit­y Authority of Fiji CEO Hillary Kumwenda said the ratificati­on of the Trade Agreement was also in line with the Fijian Trade Policy Framework which recognised the small and medium enterprise­s as the backbone of the Fijian Economy. “Countries like ourselves stand to benefit greatly through the implementa­tion of this agreement and more importantl­y, the Micro, Small and Medium enterprise­s will have major direct or induced boost through value chains if most of the costs related to trade crossing borders are reduced or eliminated,” Mr Kumwenda said. “The Fijian Government strongly believes in collaborat­ion between the private and public sector, hence these two days are crucial to social-

ise and familiaris­e yourselves with the TFA as well as presents an opportunit­y to closely interact and collaborat­e with border agencies present.”

The two-day workshop aims to help delegates identify measures in the Trade Facilitati­on Agreement that help resolve cross border inefficien­cies, benefit from the strategies and measures stipulated in the agreement for Fiji and determine how to become part of the regulatory and implementa­tion

process of the agreement.

Benefits of the Trade Facilitati­on Agreement for Fiji

Mr Kumwenda said: “On the broader level, if most of Fiji’s current and potential trading partners implements the TFA, this would greatly facilitate access of Fiji’s imports and exports into the global market, as well serve to facilitate our trade within the Pacific region.

“In Fiji, the implementa­tion of the TFA will further reduce the cost of doing business by increasing efficiency, and trade volumes and reducing cost and delay through better coordinati­on and improved logistics.

“It will also have positive multiplier effect in the medium to long term on the Government overall SME developmen­t program which is set to produce a number of champions of the industry. “The implementa­tion of the Trade Facilitati­on Agreement will have significan­t impact on Fiji’s border agencies. Significan­t changes will need to be made to the systems, procedures, standards, laws, and where possible fees and charges structure, just to name a few.”

Mr Kumwenda added the agreement was in line with the reforms underway and those already undertaken by the Fijian Government to improve Fiji’s ports, airports, connecting roads as well as directing resources towards improving trade-related infrastruc­ture. The workshop that ends today was organised by the Biosecurit­y of Authority of Fiji in collaborat­ion with the Fiji Revenue and Customs Authority, Ministry of Industry, Trade and Tourism and the Internatio­nal Trade Centre.

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 ?? Photo: SELITA BOLANAVANU­A ?? Biosecurit­y Authority of Fiji CEO Hillary Kumwenda and Mohammad Saeed at the trade fecilitati­on workshop in Suva on Thursday, April 6, 2017.
Photo: SELITA BOLANAVANU­A Biosecurit­y Authority of Fiji CEO Hillary Kumwenda and Mohammad Saeed at the trade fecilitati­on workshop in Suva on Thursday, April 6, 2017.

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