The Melanesian Spearhead Group has finalised the text of its trade agreement at a meeting in New Caledonia today.
The Melanesian Spearhead Group has finalised the text of its trade agreement at a meeting in New Caledonia today.
With the MSGTA3 due to be signed on November the 16th, delegates have been in Noumea this week negotiating the text.
The current agreement only refers to goods, while the new one will include services, investment, telecommunications, e-commerce and labour mobility.
The programme manager of trade and investment for the MSG Secretariat, John Licht, says Papua New Guinea has been pressed to relax its visa requirements, in line with the other MSG countries.
"Part of the trade agreement members will feel obliged to relax their immigration requirements, particularly for Papua New Guinea. As we know for Solomons and Fiji and Vanuatu there's no visa requirement, but Papua New Guinea has a case and they have been updating us that it's a work in progress updating their visa requirements."
Licht says the group has also interviewed 300 people from Mt Hagen in PNG to Tanna in Vanuatu in an effort to promote private sector strategies and small enterprises.