Groser to Attend Pacific Trade Ministers' Meeting
Trade Minister Tim Groser will attend the Pacific Islands Forum Trade Ministers’ meeting in Brisbane, Australia from 23-24 October to advance PACER Plus - a proposed trade and economic development agreement between Australia, New Zealand and the Pacific.
PACER
Plus is part of a wider process of regional economic
integration provided for under the Pacific Agreement on
Closer Economic Relations (PACER).
“This is the
first Trade Ministers’ meeting since Leaders agreed to
launch negotiations on PACER Plus at the recent Pacific
Islands Forum meeting in Cairns.
“We need to set
about putting the ‘Plus’ into PACER and looking at how
we can really encourage economic development in the
Pacific,” Mr Groser said.
New Zealand sees the
proposed agreement as a means to promote sustainable
economic growth in the region by improving Pacific Island
countries' export capacity, increasing jobs and providing
the tools to raise standards of living.
Following the
Pacific Trade Ministers' meeting, Mr Groser will travel to
Kuala Lumpur, Malaysia where he will join Prime Minister
John Key for the signing of the New Zealand-Malaysia Free
Trade
Agreement.
ENDS