Regional Private Sector Body Constitution
REGIONAL PRIVATE SECTOR BODY ADOPTS CONSTITUTION

A new regional body representing private sector interests in the Pacific has adopted a Constitution, six months after a regional business forum in Nadi, Fiji agreed to present a common voice at regional level.

The pro-active approach by the Pacific Islands Private Sector Organisation (PIPSO) will give it a key role in helping to translate regional economic policies into action at country level,  said Forum Secretary General, Greg Urwin. The signing of the Constitution this week by PIPSO executives was witnessed by Mr Urwin.

The Pacific Plan, adopted recently by Forum Leaders, highlights the importance of the private sector as a key stakeholder for economic growth.

In June, the Forum Economic Ministers called upon member governments and development partners to work with the new regional private sector organisation, which attended the Economic Ministers meeting as an Observer,  Mr Urwin said. It was the first time that a private sector body had been given Observer status to a Forum Ministerial.

The Chair of the PIPSO Steering Committee, Mr James Movick from the Federated States of Micronesia, acknowledged the assistance of the Forum and the donor community.

PIPSO will not only respond to the needs of the private sector,  Mr Movick said. We will also work with governments and inter-government organizations so that they are better able to engage with the private sector in the region.

Mr Movick said there would be a special focus on the needs of small and micro enterprises, as well as support for private sector bodies at national level. A Work Programme is being prepared for the organisation, which will be based temporarily in Suva, Fiji.

Forum Secretariat, Suva
9 November 2005