Pacific

01-01-2018

The EU is the Pacific region’s fifth trading partner, although the volume of trade is small in both absolute and relative terms. In June 2018, it launched negotiations for comprehensive free trade agreements with Australia and New Zealand, which are important economic and trading partners. The EU has a partnership with the 15 Pacific Independent Island Countries (PICs) focused on development, fisheries and climate change, and partnerships with the four Overseas Countries and Territories (OCTs) and the Pacific Islands Forum (PIF).

The EU is the Pacific region’s fifth trading partner, although the volume of trade is small in both absolute and relative terms. In June 2018, it launched negotiations for comprehensive free trade agreements with Australia and New Zealand, which are important economic and trading partners. The EU has a partnership with the 15 Pacific Independent Island Countries (PICs) focused on development, fisheries and climate change, and partnerships with the four Overseas Countries and Territories (OCTs) and the Pacific Islands Forum (PIF).