When the PACER Plus comes into force on 13 December 2020, Tonga will face a major financial difficulty of countering big trade deficits with two of its main trading partners, Australia and New Zealand.
Tonga’s government has committed to ratifying the Pacer Plus trade deal.
The Kingdom of Tonga’s Prime Minister, ’Akilisi Pohiva, threw more doubt over Tonga’s signature on the PACER-Plus free trade agreement.
Tonga’s prime minister has denied that Tonga has withdrawn from the regional trade deal known as PACER Plus.
Tonga’s prime minister says his country is no longer a signatory to the regional trade deal known as PACER Plus.
The Tonga Public Service Association has called for a delay in the signing of the PACER Plus trade and development deal until the Pacific Islands Forum leaders’ summit in September.
The PACER Plus Trade Agreement will be signed by 14 Pacific Island countries including Australia and New Zealand on June 14 in Nuku’alofa, Tonga.
Tonga’s Trade Minister says it’s unfair for people to criticise the Pacific Agreement on Closer Economic Relations or PACER PLUS until it is properly implemented.
Do the Pacific Islands’ negotiators genuinely hope they can negotiate a beneficial Economic Partnership Agreement with the European Union or are they simply going through the motions and doing what is required of them under the Cotonou Agreement 2000? In the secretive chess game of trade negotiations it is impossible to know.
Tonga acceded to the WTO yesterday and one of the conditions of it being
allowed to join the WTO was to have TRIPS+ linkage of patent status and data
It has been a relatively easy matter for Pacific Islands Country (PIC)
governments to sign regional trade agreements such as PICTA (Pacific Island
Countries Trade Agreement - excluding Australia and New Zealand) and PACER (Pacific Agreement for Closer Economic Relations - including Australia and NZ.)