A PYMNTS Company

Fiji: Gov in the process of updating competition policy

 |  April 17, 2019

Minister for Industry and Trade Premila Kumar says the Fijian Government is currently in the process of updating Fiji’s competition policy and legislation.

Kumar highlighted this while speaking at the 2019 Business Summit at the Holiday Inn, Suva, stating that investment figures in Fiji have been very positive with over 25% contribution to the GDP and private sector investments contributing approximately 15%.

She says the current investment laws of Fiji have not been able to be respond to the needs of a modern investment climate and for this purpose, the Government has engaged the International Finance Corporation and the World Bank Group to undertake the review of the investment policy law.

Full Content: Fiji Village

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.