The 8th Officials and Ministers’ Meeting of the Micronesian Trade and Economic Community (MTEC) will be held in Koror, Palau on October 12-14, 2016 

Press Release #1610-01
Palikir, Pohnpei FSM Information Services
October 12, 2016

The MTEC Interim Secretariat in consultation with the Government of the Republic of Palau and the MTEC Member States will convene the 8th Officials and Ministers’ Meeting of the Micronesian Trade and Economic Community (MTEC) on October 12-14, 2016, in Koror, Palau. The Meeting will be attended by Trade, immigration Ministers and Officials  as well as Private Sector representatives from the Federated States of Micronesia, the Republic of Palau, the Republic of the Marshall Islands, and the Republic of Kiribati, which will be attending the Meeting for the 1st time as an Observer.

 

The objectives of the Officials and Ministers’ meetings is to deliberate on issues relating to Private Sector Development Programs/Initiatives and Trade and Investment Policy Initiatives.

The meeting will also review recent trade and investment developments and trends of interest to member states, including ratification of the Treaty establishing the MTEC and the harmonization of labour laws among the Member States.

 

Furthermore, the meetings will also deliberate and formulate joint negotiating position on ongoing negotiations for the Pacific Agreement on Closer Economic Relations (PACER) Plus and the Economic Partnership Agreement (EPA) as well the Asia Pacific Trade Agreement (APTA) study conducted by APTA Secretariat.

 

For the 8th MTEC Meeting, the MTEC Interim Secretariat will receive trade capacity support from the Hub & Spokes II Programme funded by the European Union, the ACP Secretariat, the Commonwealth Secretariat, and l’Organisation Internationale de la Francophonie, APTA Secretariat, and the Pacific Islands Forum Secretariat.

 

For more information, please contact: MTEC Interim Secretariat/FSM Department of Resources and Development; telephone (691) 320-2646/5133; fax: (691) 320-5854; e-mail: mtcinterimsecretariat@fsmrd.fm.