Free Trade Agreements (FTAs) are international treaties that aim to reduce barriers to trade and investment.
The main aims of a FTA are to:
- improve Solomon Islands’ access to key markets
- increase investment into Solomon Islands to boost our economy
- reduce the cost of importing goods to reduce prices for consumers, and
- enhance the competitiveness of Solomon Island exports.
One of the main functions of the Department is to manage the various trade negotiations currently under discussion, and those which have been agreed, at the regional and multilateral levels.
Follow the links below for more information on each of the agreements Solomon Islands is a party to.
- Melanesian Spearhead Group Trade Agreement
- Pacific Island Countries Trade Agreement
- South Pacific Regional Trade and Economic Cooperation Agreement
- Pacific Agreement on Closer Economic Relations Plus
- Economic Partnership Agreement
- World Trade Organisation (WTO)