Resources and Economic Development

Accelerating the region's economic growth aspirations through strengthened ownership

Our ambition is for all Pacific peoples to benefit from a sustainable and resilient model of economic development. This includes enabling public policy and a vibrant private sector and others, that brings improved socio-economic wellbeing by ensuring access to employment, entrepreneurship, trade, and investment in the region.

Core to the 2050 Strategy is that we leverage and generate economic prosperity from our natural resources including our ocean. 

At the same time, addressing our most significant threats and complex economic challenges, including climate change, rising sea levels, increased frequency and intensity of natural disasters, rising debt levels, global economic fragmentation, and geo-political contestations.

As a region, we can rise above these challenges by working together from our position of strength – as a collective.

Cook Islands Prime Minister Hon Mark Brown
Minister of Finance and Chair of the Forum Economic Ministers Meeting, 9th August 2023