The Pacific Island Forum Trade Office (PIFTO) signed an agreement recently with the Guangxi Branch of the China Council for the Promotion of International Trade (CCPIT Guangxi), in a bid to promote bilateral cooperation in trade, investment and tourism.
It was PIFTO's first deal with China on economic and trade cooperation, said Rohan Ellis, PIFTO representative in China, who expects a bright future for cooperation between the two partners.
He revealed that PIFTO also aims to widen ties with China by expanding business cooperation to Guangzhou, a neighboring province to the Guangxi Zhuang Autonomous Region in south China.
The Pacific Island Forum comprises 16 Pacific island nations, including the Cook Islands, Fiji, Australia and New Zealand.
The abundant fisheries, forestry and tourism resources of Pacific island nations, and China's strong industries like seafood products, engineering, home appliances, clothing and food, offer both sides a wide range of cooperative opportunities, experts point out.
As well as sound business deals with Australia and New Zealand in recent years, China has also signed an agreement with Fiji for cooperation over fishing, education and public health. A China-funded seafood processing base has been established in Fiji.
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