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EU's help will diversify economies: Taylor

The Pacific Island Forum Secretariat member countries will now be able to further diversify its economies following the signing of the 44million deal with the European Union yesterday.

PIFS Secretary General Dame Meg Taylor says this sustainable investment will help PIFS with its regional implementation and progress of their priorities.

“It’s quite an innovation to look at the support that will be given through to strengthen private sector focus on infrastructure and other key financial aspects that the people with the law, businesses the pacific would need, sometimes having difficulties having access to finance but also you can have credit equity in investments.”

Taylor says PIFS is also looking forward to discussing ways in which the EU can strengthen its support at the regional level.

The Pacific Islands Forum comprises eighteen Island Countries and Territories, including some of the smallest nations in the world

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