PIPSO PARTNERS WITH INVESTMENT FIJI UNDER MOU
The Pacific Islands Private Sector Organisation (PIPSO) and Investment Fiji signed a Memorandum of Understanding (MOU) in Suva on last Friday. The MOU will serve as a starting point for both organisations in establishing a cooperation framework between them in recognition of their mutual interests in the promotion of trade and investment – particularly beneficial to Fiji and the broader Pacific businesses and exporters through improved co-ordination and information sharing. PIPSO and Investment Fiji will work collaboratively to promote the development of both the private sector and exporters through their combined resources, networks and experiences as well as leveraging their respective memberships and contacts locally, regionally and internationally. PIPSO Board chair Howard Politini thanked Investment Fiji for their enthusiasm in partnering up with PIPSO under this MOU.
Mr Politini said “As the premier representative body for private sector in the Pacific, it is in our best interest to forge partnerships with organisations such as Investment Fiji, to help in our efforts to drive the growth and development of local and Pacific businesses.
Under the MOU, both PIPSO and Investment Fiji are obligated to carry out their best efforts in establishing and maintaining a co-operative and mutually beneficial network that promotes the equal and active exchange of data and information between the two organisations such as exchange market information, opportunities for business development and growth and economic data relating to trade and investment.
This also includes information relating to the agriculture and export industry, export issues, trade missions, trade fairs and shows where Fiji exporters can display their products and services in regional and overseas markets.
The MOU outlines an agreement to mutually encourage exporter growth through the formation of linkages between exports and investments as well as provide capacity building workshops for exporters based on their needs.