A new report says Pacific Island signatores to the PACER Plus trade agreement stand to lose more than $US60 million each year in government revenue if the deal is signed.
PACER Plus has faced widespread criticism by campaigners and NGOs for what they say is its preferential treatment of Australia and New Zealand through tariff exemptions.
Analysis released Wednesday from the Pacific Network on Globalisation says the nine Pacific Island countries signed on will suffer significant losses in revenue.
The group's trade justice campaigner, Adam Wolfenden, told Mackenzie Smith the report adds to growing evidence the deal needs to be rethought.
Representatives who signed the PACER Plus trade agreement in Tonga Photo: Pacific Islands Forum Secretariat
