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SPARTECA has been extended

As posted on Brisvaani Radio station of Brisbane Fiji – Australia Trade Agreement Extension provides greater potential for Fiji’s garment industry the SPATECA (South Pacific Regional Trade and Economic Cooperation Agreement) agreement has been extended to December 31, 2014. This is a valuable agreement that benefits end-of-the-line factory workers in Fiji and helps social equality given the large percentage of women employees (90%) that are engaged in Fiji’s textile and clothing manufacturing companies. The agreement will provide certain textiles, clothing and footwear goods that are manufactured in including Fiji and other Forum Island Countries to be exported to the Australian and New Zealand markets on a duty free basis.

Fiji’s Foreign Affairs Minister, Ratu Inoke Kubuabola, announced the agreement’s extension recently and noted many of the direct and indirect benefits of the policy. The agreement, which originally was put on force in 1980, was considered a landmark agreement in its inception and with its renewal, the success and flow-through of the policy is certainly validated.


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Posted on: January 3 at 7:12 pm
 

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