More Trade Agreements as Solomon Islands Prepares for Graduation
The Trade Commissioner says in terms of trading connections and trading arrangements, the government must make sure the country enters into arrangements or agreements with important markets.
Source: MHD Tuesday, 19 January 2021 09:40 AM
The Solomon Islands government is preparing itself for graduation from the Least Developed Country (LDC) status.
Trade Commissioner Mr. Joseph Ma’ahanu told
Solomon Times Online that once the country graduates from the LDC status, come December 2024, it will lose all concessions and flexibilities which it currently get as an LDC.
“This therefore, means that only through legally binding agreement, can we be able to sustain duty free quota free access to the markets that we currently enjoy. So, what we are doing as part of our preparations towards LDC graduation is using trade as one of the pillars”, Ma’ahanua says.