“More than just a piece of paper”
“For Australia, the Vuvale partnership is not just a political document or symbolism about family,” said Mr Williams at the InterContinental Fiji Golf Resort and Spa, Natadola.
Center: Attorney General and Economy Minister Aiyaz Sayed-Khaiyum with delegates and guests at the Fiji Australia Business Council and Australia Fiji Business Council joint forum at the International Fiji Golf Resort and Spa, Natadola, on 3 September 2022. Photo: FABC
The Vuvale Partnership that Fiji shares with Australia is more than just a piece of paper, says John Williams, Chargé d’Affaires at the Australian High Commission.
At a joint Australia-New Zealand business advice forum, he hailed the high level of interest in business opportunities between the two countries, after two years of border closures and economic upheaval important.
“For Australia, the Vuvale Partnership is not just a political document or symbolism about family,” Mr. Williams said at the InterContinental Fiji Golf Resort and Spa, Natadola.
“It’s of much greater institutional value; a set of principles to guide how our two countries should work together in a true partnership of equals – like Vuvale.
“And it speaks to the greater ambition we can achieve, if we are true to these principles, in the depth and breadth of our ties in government, in business, in peacekeeping, security and disaster response, in our cooperation on regional and global challenges. such as climate change, and in education.
“My point is that while Vuvale is relatively new, and often seen as a turning point, in reality it seeks to build on the momentum of years of work on both sides to revitalize Fiji-Australia relations.”
The Vuvale partnership has stood the test of recent years, Mr Williams said.
“A common element to each of these crises was Fiji’s and Australia’s willingness to support each other, a fundamental tenet of our Vuvale partnership.”
Next For Vuvale Partnership
The partnership needed a lot to build on, through momentum and activity, to achieve greater ambition, Mr Williams said.
“It is essential that the government recognizes the need to work closely with businesses and other partners to achieve this,” he said.
“Although initiated by the government, the Vuvale partnership encompassed a wider system of relationships,” Mr Williams said.
“The relationships built through business, the networks created in this room, our sporting rivalries, the deep historical ties between our religious leaders,” he said.
“In our view, Vuvale’s values - trusting relationships built on respect and understanding – are the foundation for closer and more productive relationships across all industries.”
“Companies are in many cases ahead of the government on this.”
“Australia would continue to work with partners across Fiji to deepen the relationship in a way that upholds the values of the Vuvale partnership,” Mr Williams said.
“Australia’s cooperation with Fiji in security and disaster response is an excellent example of this.
“We are now true partners in a busy security program.”
Climate change is a central dimension of the Vuvale cooperation, Mr. Williams said.
“Fiji’s leadership on this issue for many years, as a powerful voice for the Pacific, is now matched by an Australian government committed to greater ambition at home and in the global climate talks,” he said. -he declares.
“We will do more to support climate change mitigation and adaptation in Fiji and the Pacific, and we will more actively support global efforts to combat global warming.”
Global Economic Headwinds and New Opportunities
“Global inflation – which the Reserve Bank of Australia expected – would peak later and higher than previously thought – producing a rapid tightening of monetary policy, inhibiting access to finance and contributing to a global slowdown,” Williams said.
“Australia and Fiji’s economic fundamentals look very sound, suggesting new opportunities for The Vuvale partnership this for sophisticated investors,” he said.
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