Pacific

01-09-2017

The EU is the Pacific region’s fourth trading partner, although the volume of trade is small in both absolute and relative terms. The EU is currently preparing to negotiate free trade agreements with Australia and New Zealand, which are important trading partners, and has a partnership with the 15 Pacific Independent Island Countries (PICTs), focused on development, fisheries and climate change, as well as partnerships with the four Overseas Countries and Territories (OCTs) and the Pacific Islands Forum (PIF).

The EU is the Pacific region’s fourth trading partner, although the volume of trade is small in both absolute and relative terms. The EU is currently preparing to negotiate free trade agreements with Australia and New Zealand, which are important trading partners, and has a partnership with the 15 Pacific Independent Island Countries (PICTs), focused on development, fisheries and climate change, as well as partnerships with the four Overseas Countries and Territories (OCTs) and the Pacific Islands Forum (PIF).