Fiji Commerce and Employers Federation president and PIPSO vice-chair, Howard Politini (right) with the Korean Chamber of Commerce & Industry vice president Dong-Geun Lee after signing the MOU. Photo: JONA KONATACI
suva
The Korean Chamber of Commerce & Industry said Fiji was a first choice as its ideal central location to do business in the region.
This was highlighted during a signing between Korea Chamber of Commerce & Industry, the Fiji Commerce and Employers Federation and Pacific Islands Private Sector Organisation (PIPSO).
The signing took place earlier this week at the Holiday Inn Suva.
Chamber vice president Dong-Geun Lee said Korea has good relations with big economies.
“But now it’s time to show the world that Fiji is a very promising country for Korean companies to invest in and trade with,” Mr Don-Geun said.
“Fiji has an abundance of natural resources and Korea has the experience to develop IT infrastructure and other know-how for economic development.
“So combined with Fiji’s and Korea’s strengths, there’s a win-win situation for both countries.”
He added this was the first time the chamber had pledged support for the region and with PIPSO and FCEF and there was high expectations of projects in the Pacific to take place.
A milestone
Fiji Commerce and Employers Federation resident Howard Politini said the MOU symbolised further milestone established between the entities involved.
“Like any sustainable business venture, we must strive for growth. Today marks a milestone as we look for a productive partnership for the future growth of our mutual interests,” he said.
Mr Politini said the federation was Fiji’s long recognised and mostly represented private sector organisation. It has a 54 year history.
He said they recognised this relationship as a valuable and essential component to supporting businesses across the globe for the benefit of the economies of both countries.
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