29 May 2003

Fiji and French Polynesia consider free trade pact

3:40 pm on 29 May 2003

The governments of Fiji and French Polynesia are currently considering a free trade pact.

French Polynesia's president Gaston Flosse has told visiting Fiji Foreign Minister Kaliopate Tavola that both economies have the potential to increase their trade exchange volume.

Mr Flosse says he is ready to lift all customs duties for Fiji goods, which are currently at 15 %, lowering them at a rate of minus 5% per year over a three-year period.

The president says he would expect the same in return.