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Samoan Prime Minister of Samoa, Tuilaepa Sailele Malielegaoi, is targeting the 3rd China-Pacific Forum in Apia from 19-21 October, to announce Samoa’s plans to increase its exports to $300 million (US$112 million) by 2025 and establish Samoa as major Pacific Export Hub for Fish and Agricultural exports to China and the world.
The Prime Minister will officially open the “Buy Samoa Made Export-to China “ Exhibition to be held at the Mezzanine Floor of the Sheraton Aggies Hotel in Apia on Monday.
The opening is expected to attended by visiting delegates for the Forum and some 200 Companies including the CEO of Alibaba, as well as the media –including CCTV.
According to the SAME President-Tagaloa Eddie Wilson, there has been significant improvement in the performance of the export sector over the last three years. At the time of launching the SAME-Samoa Export plan 2016-2020 in December 2016 domestic exports stood at approximately $35million (US$13 million) p.a. The Government of Samoa and SAME then launched the Samoa Export Plan 2016-2020 with the main objective of achieving $100million (US$37 million) in domestic exports by December 2020.
As at July 2019 domestic exports were close to $90million (US$33 million) on an annualized basis. On present levels of monthly exports we would expect to achieve our objective of $100m by December 2019 according to SAME. By way of confirmation of the continuing growth in exports in the first seven months of 2019 domestic exports are 78% ahead of the same period in 2018, based on the Central bank of Samoa reports.
The Prime Minister commented, that It is encouraging to note that the substance of that growth has come from agricultural and fish exports. With the benefits from the various government replanting initiatives as in coconut it is expected that exports will continue to grow resulting from the improved supply as the planting programme mature.
The Prime Minister added that In addition to the growth in exports we are also seeing a degree of diversification towards markets such as China, Korea and USA, as well as traditional markets as New Zealand and Australia.
Samoa’s growth comes significantly from a focus on improving standards and the attaining of certification of our production processes to international standards, such HACCP and ISO Certification- a very necessary requirement to enter export markets and comply with bio security requirements at the border.
The Samoa Government is committed to moving steadily to implementing quality infrastructure looking at all elements of the value chain as they apply to exports. With the success of Samoa exports, the Samoa Government in partnership with SAME will announce that the at the Exhibition, the planned launch of the Samoa Export Plan II – in early 2020 targeting a further increase in Samoa Exports a further three-fold to $300 million (US$112 million) by 2025.
The Prime Minister stated that this ambitious target will only be achieved with the support of our trading partners. One of the key outcome of Forum is the signing of an agreement with China to strengthen the 2 countries co-operation –which clearly demonstrates the support of both governments in building success based on mutual cooperation. Regional Trade agreements such as PICTA and Pacer Plus- are also poised to further enhance Samoa’s capacity to increase exports.
The Governments Plans to establish a commercially viable Port/Hub at its Industrial area at Vaitele- to increase shipping services for Traders and Exporters – thus contributing to enhancing Samoa’s competitiveness in global exports market.
SOURCE: SAMOA GOVT/SAME/PACNEWS
Pacific Islands News Association
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