Pacific region urged to foster partnerships
JOINT PRESS STATEMENT
Pacific Islands Private Sector Organisation (PIPSO)
Pacific Islands Forum Secretariat
UNDP Pacific Centre
Tuesday 7 August, 2007

Pacific region urged to foster partnerships

The private and public sector should work in meaningful partnership in the current era of globalisation, a regional business forum heard yesterday.

Speaking to 200 regional and international delegates in Nadi, Hon. Hans Joachim Keil, Samoa’s Associate Minister for Commerce, Industry and Labour said globalization could not be ignored and that both the government and the private sector equally shared the responsibility of partnership to ensure economic growth.

"We should position ourselves to reap from the opportunities offered by globalisation. We should, however, be cautious not to sacrifice our culture to globalization," Hon. Hans Keil said.

Hon. Hans Keil was speaking at the 2007 Pacific Islands Business Forum held at the Radisson Fiji Resort Denarau Island and convened by the Pacific Islands Private Sector Organisation (PIPSO), with support from the Pacific Islands Forum Secretariat and United Nations Development Programme (UNDP) Pacific Centre.

He said globalisation also meant the Pacific had to negotiate trade agreements collectively as a region with the hope that the effects and results of these agreements benefit the region as a whole.

Hon Hans Keil emphasised that the Pacific needed a development agreement - one that will make the region better off and not worse off.
The inaugural PIBF 2007 has the theme ‘Pacific Businesses - At the Threshold of Regional and Global Competition’.

Delegates include Pacific private sector representatives, major business leaders, Government ministers and senior officials.

Countries represented include Australia, Cook Islands, Federated States of Micronesia (FSM), Fiji, Guam, Kiribati, Nauru, New Caledonia, New Zealand, Niue, Palau, Papua New Guinea (PNG), Republic of the Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu.

The second day of PIBF 2007 will also feature a debate on competitiveness and competition in the telecommunications sector.

(Ends) 

For further information, contact:
Shobhna Decloitre, Media, Communications and Advocacy Officer at the UNDP Pacific Centre on 9926396 or email, or
Mue Bentley, Forum Secretariat Media Officer, Pacific Plan on 9998677 or email
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