PINCCER is not just about collaboration, it's about shaping the future of our markets – FCCC CEO

PINCCER is not just about collaboration, it's about shaping the future of our markets.

Fijian Competition and Consumer Commission CEO, Joel Abraham stated this during the establishment of the Pacific Island Network of Competition Consumer and Economic Regulators (PINCCER).

Abraham says the primary goal of PINCCER is to foster a synergistic alliance among the Pacific nations, with a strong emphasis on the exchange of vital information, capacity building, investigative methodologies, and the implementation of advanced regulatory practices.

He says the founding national authorities (Fiji, Australia, Cook Islands, French Polynesia, Kiribati, New Caledonia, New Zealand, Papua New Guinea, Samoa, Solomon Islands, Tonga, and Vanuatu) have already embarked on the development of network protocols and identification of key areas of focus.

The FCCC CEO says this initiative is a way to synchronise endeavors with Pacific partners, aiming to improve overall expertise collectively and working towards establishing fair market conditions that favour both consumers and traders throughout the Pacific region.

He says FCCC is proud to have conceived of the idea of having a regional network in 2018 and would like to thank all their counterparts for their tireless efforts to make this dream a reality.

Abraham says this endeavour would promote increased collaboration, the exchange of vital information, and the implementation of best practices among regulators.

He says the genesis of PINCCER not only symbolizes a step forward in unifying their efforts but also in embracing the wealth of knowledge and experience from their Pacific neighbors.

The FCCC CEO adds they aim to set new standards for competition, consumer protection, and economic regulatory aspects across the Pacific, strengthening regulatory practices and promoting fair business.