Pacific trade ministers to focus on growth and development (RNZI)

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Increasing growth and development in the Pacific through trade and investment will be the top priorities for Pacific trade ministers meeting this week in the Federated States of Micronesia. Trade ministers from all the Pacific Forum Island Countries will meet in Pohnpei on Thursday to progress plans for the new regional trade and economic agreement, known as PACER plus. The Secretary General of the Forum, Tuiloma Neroni Slade, says the meeting will be an important opportunity for ministers.

http://www.rnzi.com/pages/news.php?op=read&id=53217

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  1. Palau to host series of meetings on the establishment of Organization of Tuna Exporting countries

    Thu, 24 Dec 2009

    KOROR, Palau —– Palau will host series of meetings to formalize the establishment of the Organization of Tuna Exporting countries aimed at conserving tuna resources in the region.

    President Johnson Toribiong in his speech before the 64th Regular session of the United Nations General Assembly last September called for the creation of OTEC.

    Toribiong earlier has invited his fellow heads of Stare of the Federated of Micronesia, Kiribati, Marhall Islands, Nauru, Papua New Guinea, Solomon Islands and Tuvalu collectively known as Parties to the Nauru Agreement (PNA) to participate in the series of meetings starting in February.

    The scheduled meetings are the following: (1) Monday, 22 Feb 2010—Palau National Tuna Policy Reform Symposium (Palau Stakeholders only); (2) Tuesday, 23 Feb 2010—Palau Fisheries Symposium—Regional Initiative PNA/Palau Symposium; (3) PNA Meets World Tuna Processors; (4) PNA Presidential Summit.

    The Nauru Agreement is a subregional agreement on terms and conditions for tuna purse seine fishing licenses in the region.

    In October of this year, the PNA member nations met in Kiribati.

    President Toribiong earlier said that the tuna stocks are overexploited and that foreign vessels are coming to Palau’s waters and taking the tuna stocks.

    The creation of the organization will prevent overutilization of tuna stocks in region.

    In August, the president created a Joint Task Force on Domestic Tuna Industry Development (Tuna Task Force) consisting of two senators, two delegates, four executive Branch officials and two private sector representatives, that will also assist in the planning and making preparation for these upcoming events

    http://www.islandsbusiness.com/news/index_dynamic

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