Government of the Republic of Fiji

07/19/2024 | Press release | Distributed by Public on 07/18/2024 19:36

INVESTMENT FIJI SIGNS MoC WITH JAPAN

Investment Fiji has signed a Memorandum of Cooperation (MoC) on Trade and Investment Promotion with Japan's External Trade Organization (JETRO).
The signing ceremony, held in Tokyo, Japan yesterday, was witnessed by the Prime Minister Hon. Sitiveni Rabuka.
Investment Fiji Chief Executive Officer Mr Kamal Chetty signed the MoC with Japan's External Trade Organization (JETRO) Mr Norihiko Ishiguro.
The MoC will facilitate cooperation by sharing information on trade and investment policies, regulations, and procedures, as well as in organizing investment missions and seminars to promote business exchanges between the two countries.
The MoC will also enhance bilateral cooperation through technical collaboration in trade and investment activities, adhering to respective laws and regulations.
For Fiji, the agreement leads to increased Japanese investment, access to advanced technology, and expertise to propel economic growth.
In return, Japan will have new business opportunities and enhanced market presence in the Pacific.
These efforts aim to facilitate robust engagement between business communities and promote investment between Fiji and Japan.