THE PACIFIC AGREEMENT ON CLOSER ECONOMIC RELATIONS PLUSPacific Agreement on Closer Economic Relations Plus • November 23rd, 2011
Contract Type FiledNovember 23rd, 2011Pacific Island countries face unique challenges participating in international trade. They have small land masses with limited productive capacity and employment opportunities, higher cost of economic infrastructure, distant markets and vulnerability to extreme climatic events. This is a trade and development agreement designed to help overcome these challenges by making it easier for countries to trade, while creating jobs and increasing living standards and wealth for families.