13 Oct 2023
2023年10月13日
This paper discusses the implications of Indo-Pacific Economic Framework for Prosperity (IPEF) forFiji. The members of the IPEF are at different stages of development and thus the welfare gains fromthe framework would vary between countries. Fiji is among the smallest economies in the IPEF andstands to gain market opportunities for trade and investment through integration with Asia andthe United States (US). However, realising these benefits necessitates substantial reforms. The IPEFoffers potential market access, but Fiji’s private sector must comply with regulatory requirementsto trade effectively. Consequently, Fiji needs technical and financial assistance for these reforms. Akey recommendation is for Fiji to strengthen or propose an overarching IPEF development chapterwith specific assistance areas across the Trade, Supply Chains, Clean Economy, and Fair EconomyPillars. This assistance should supplement existing aid from developed countries. If Fiji volunteersunder all four Pillars, it must request an action plan for assistance provision over time from thedeveloped IPEF members.
Author: Radika Kumar
著者 Radika Kumar
Editors: Amitendu Palit, Ramita Iyer
編者 Amitendu Palit, Ramita Iyer
Project Lead: Cristita Perez
プロジェクト担当 Cristita Perez
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