7 Mar 2003

Free Trade deal set to begin following Nauru decision on PICTA

4:49 pm on 7 March 2003

The Pacific Islands Countries Trade Agreement is set to come into effect following Nauru's decision to ratify the PICTA deal.

Nauru has become the sixth country to ratify the Pacific region wide free trade agreement, joining the Cook Islands, Fiji, Samoa, Tonga and Niue.

The acting director of the Pacific Islands Forum Secretariat trade and investment division, Theo Yasause, says when they receive official ratification documents from the Nauru government, the agreement will be poised to come into play.

"It will be thirty days after notification documents are received and then that agreement will come into force by the end April or early May...I would presume before the Forum Trade Ministers meeting"

The acting director of the Pacific Islands Forum Secretariat trade and investment division, Theo Yasause.