Fiji is poised to enhance its economic relationship with North America thanks to a notable increase in bilateral trade. This development comes on the heels of the opening of the Canadian High Commission in Suva, where Canada’s Secretary of State for International Development, Randeep Sarai, underscored the abundant opportunities that the new diplomatic presence aims to nurture.
During an interview, Sarai shared insights after meeting numerous businesses at a reception hosted by Investment Fiji. He expressed optimism about the potential for expanded ties: “I think there are a lot of great opportunities here. Some businesses are looking to invest in Fiji, while others see possibilities for exporting Fijian goods to Canada.”
Sarai’s remarks follow the announcement of significant growth in trade between the two nations. In 2024, two-way trade surged to $53 million, nearly doubling the figures from the previous year, as Canada seeks to diversify its investment portfolios. Sarai expressed hope that these numbers will continue to rise as the countries strengthen their commercial connections.
Minister for Foreign Affairs Sakiasi Ditoka echoed Sarai’s enthusiasm, stating that the establishment of the high commission will bolster diplomatic relations and present new avenues for collaboration. “With Canada now present in our country, it becomes much easier for us to engage in dialogue. We have Commissioner Lalonde here to guide us in our future endeavors,” Ditoka noted.
The Canadian government’s commitment to working alongside Fiji’s local market has the potential to yield mutual benefits, fostering a vibrant exchange that could enhance economic growth for both nations. Such collaboration not only reinforces existing ties but also opens up a landscape of opportunities for investments and trade, paving the way for a prosperous economic future.