Japanese investments in Fiji over the past 5 years have totalled to approximately $4.4 million, and there is potential to increase this further, especially with the resumption of direct flights between Fiji and Japan.
This was highlighted by the Minister of Industry and Trade Premila Kumar.
While officiating at Japan-Fiji Trade Investment Seminar the Minister says it is now more critical to establish a strong trade relationship, since the outbreak of Coronavirus affects the global economy.
Kumar says, at this point, the Coronavirus has stopped trade and investment to a large extent because people can not travel as much as we try to create normality through trade and investment,truth is that things are slowing down.
She says there are concerns about how the supply chain will be affected with the majority of factories in China being closed down, and there will be an impact.
She adds a seminar of this nature instils faith, it brings players together to address and appreciate their business ambitions and achieve them.
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