July 2019 \ News \
Invest in Fiji: Envoy

Fiji's High Commissioner to India Yogesh Punja ...

Fiji’s High Commissioner to India Yogesh Punja in July said bilateral trade between India and his Pacific Ocean island country has massive growth potential as it can be used as a “bouncing board” to the markets of Australia and New Zealand. Noting that the current annual trade between India and Pacific Island Countries (PICs) currently hovers at around $300 million, he said the trade is low in volume due to their small population, market sizes and long distance from India. “Invest in Fiji and use that as a bouncing board into Australia, New Zealand and Southeast Asia. Parts of Southeast Asia have the fastest-growing population. Countries like Indonesia will have shortage of food in due course. So the food needs to come from people who can supply food chain. Australia is investing around $600 billion to service Asia as it is very close to that region,” Punja said at an event promoting India-Fiji partnership organised by the Calcutta Chamber of Commerce in Kolkata.

Tags: Fiji