18 Jul 2015

Fiji's PM expresses concern at China trade imbalance

8:00 pm on 18 July 2015

Fiji's prime minister has expressed his concern at the country's trade imbalance with China at a meeting with the Chinese premier.

Frank Bainimarama told Li Keqiang that Fiji currently imports $5.60 worth of Chinese products for every $1.00 of Fijian exports to China.

FBC reports that Mr Bainimarama asked Mr Li to lift tarrifs for importing Fijian goods into China.

A memorandum of understanding was signed between the two countries regarding a joint feasibility study on a free trade agreement.

Two other agreements were also signed, one to expand economic and technical cooperation, and another to expand sports cooperation.

However, Mr Bainimarama turned down a proposal which would have allowed Chinese airlines to originate flights from anywhere in China to Nadi, saying it would affect Fiji Airways' business.