The legal text of the ‘Pacific Agreement on Closer Economic Relations (PACER) Plus’ agreement has been concluded by the Pacific Islands Forum Ministers responsible for Trade. Trade Ministers from the Pacific Islands Forum met in Christchurch, New Zealand on August 26 with the expectation that the text of any agreement would be finalised. Time and again, studies detailed the structural features that differentiate Pacific economies: small size, distance from markets, expensive transport links, a reliance on imports, and vulnerability to disasters (such as intense cyclones) and shocks (such … Chapter on Investment. The Pacific Agreement on Closer Economic Relations (PACER) is an umbrella agreement between members of the Pacific Islands Forum (the Forum Island Countries plus Australia and New Zealand) which provides a framework for the future development of trade cooperation. Draft Text of the PACER-Plus Trade in Services Chapter This is the leaked Draft Trade in Services text from the PACER Plus Intersessional meeting in Port Vila, 31 March - 02 April 2015. Preamble [PDF 44 KB] Chapter 1: Initial Provisions and General Definitions [PDF 105 KB] In this section Overview Business Pacific meet to look into PACER Plus text . But two of the region’s biggest economies are still yet to sign the deal. IIA Navigator. Next month, nearly 10 years of planning will culminate in the signing of PACER Plus - Pacific Agreement on Closer Economic Relations Plus. The Pacific Agreement on Closer Economic Relations (PACER) Plus is a landmark agreement connecting the Pacific region through trade and development. Photo: RNZI / Indira Stewart. With the PACER-Plus regional free trade agreement back in the news recently, the Pacific Network on Globalisation (PANG) has released a new guide which they say will allow Pacific Islanders to better understand the impacts of the recently concluded deal. Within these Pacific FTAs is the PACER Plus Agreement. PACER Plus: Opportunities and challenges for the Federated States of Micronesia. Papua New Guinea, in its decision to leave the negotiations described PACER-Plus as a 'net loss'. CONTENTS PREAMBLE CHAPTER 1: INITIAL PROVISIONS AND GENERAL DEFINITIONS CHAPTER 2: TRADE IN GOODS ANNEX 2-A: SCHEDULES OF COMMITMENTS ON TARIFFS ANNEX 2-B: ADMINISTRATION OF EXEMP After the negotiations concluded on 20 April 2017, the PACER Plus text was subject to a process of legal review and verification. Read the agreement text, National Interest Analysis and more. Toe-XT Testable Hydraulic Sleeve enables high pressure casing test and sleeve opening below formation frac pressure. This is a reprint of the Tariff (PACER Plus) Amendment Act 2018 that incorporates all the amendments to that Act as at the date of the last amendment to it. If concluded a signing ceremony of PACER-Plus is expected in November or December without perhaps the largest two Pacific island economies – PNG and Fiji. PACER Plus ROO Manual_v1.9.10.19. Information on how to use the free trade agreement. The agreement is said to be aimed at creating jobs, raising standards of living and encouraging sustainable development in the Pacific. PACER Plus makes a small provision for technical assistance and aid. The Pacific trade exhibition in Auckland, New Zealand. PACER Plus has been heralded as a new kind of trade deal, linking trade to development and opening small states to the world. Clean copy draft text incorporating outcomes of discussions at. Alongside PACER Plus is an arrangement which enhances regional cooperation on labour mobility. Read More. The Pacific Agreement on Closer Economic Relations Plus is a regional development-centred trade agreement. Brief analysis of PACER Plus legal text, Daniel Gay, Pacific Islands News Association, 12 June 2017. This Working Document contains clean copy draft text incorporating outcomes of the 10th Intersessional Meeting of PACER Plus Officials. TRANSCRIPT. In 2016 Leaders reiterated the need for PACER Plus to promote regional integration in the Pacific, and welcomed the conclusion of negotiations on all fifteen chapters of the PACER Plus text and called on all parties to continue to demonstrate good will and flexibility. The PACER Plus builds on the original PACER Agreement, ratified in 2001 as a framework for the gradual trade and economic integration of the economies of FICs and their largest neighbouring coun-tries of Australia and New Zealand. PACER Plus consolidated legal text [PDF, 4.9 MB] (excluding Schedules of Commitments on Tariffs – Part I for Forum Island Countries), Chapter 1: Initial Provisions and General Definitions [PDF, 110 KB], Federated States of Micronesia - Part I [PDF, 12 MB], Republic of Marshall Islands - Part I [PDF, 12 MB], Chapter 3: Rules of Origin and Verification Procedures [PDF, 397 KB], Chapter 4: Customs Procedures [PDF, 125 KB], Chapter 5: Sanitary and Phytosanitary Measures [PDF, 126 KB], Chapter 6: Technical Regulations, Standards and Conformity Assessment Procedures [PDF, 127 KB], Chapter 7: Trade in Services [PDF, 151 KB], Chapter 8: Movement of Natural Persons [PDF, 108 KB], Chapter 10: Development and Economic Cooperation [PDF, 107 KB], Chapter 11: General Provisions and Exceptions [PDF, 117 KB], Chapter 12: Institutional Provisions [PDF, 112 KB], Chapter 14: Consultations and Dispute Settlement [PDF, 159 KB], Chapter 15: Final Provisions [PDF, 128 KB], Annex I: Lists of Most-Favoured-Nation Exemptions on Services and Investment [PDF, 331 KB], Arrangement on Labour Mobility [PDF, 123 KB], Implementing Arrangement for Development and Economic Cooperation under the Pacific Agreement on Closer Economic Relations Plus [PDF, 398 KB], New Zealand-Australia side letter [PDF, 210 KB], PP.MIN.002/C/FINAL - 18 December 2020 [PDF, 561 KB], PP.MIN.001/C/FINAL - 13 February 2020 [PDF, 301 KB], Brokering weapons and dual-use items for military use, Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Our aid partnerships beyond the Pacific and South-East Asia, New Zealand's Universal Periodic Review 2019, Guidelines for the diplomatic and consular corps, Our Commitment to Antarctica and the Southern Ocean, Digital Economy Partnership Agreement (DEPA), ASEAN-Australia-New Zealand free trade agreement (AANZFTA), Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Free trade agreements concluded but not in force, How do we consult on free trade agreements, Chapter 1: Initial Provisions and General Definitions, Chapter 3: Rules of Origin and Verification Procedures, Chapter 5: Sanitary and Phytosanitary Measures, Chapter 6: Technical Regulations, Standards and Conformity Assessment Procedures, Annex 7-A: Schedules of Specific Services Commitments, Annex 8-A: Schedules of Commitments on Movement Of Natural Persons, Annex 9-A: Schedules of Commitments on Investment, Annex 9-B: Schedules of Commitments on Senior Management and Board of Directors Exemptions, Chapter 10: Development and Economic Cooperation, Chapter 11: General Provisions and Exceptions, Chapter 14: Consultations and Dispute Settlement, Annex I: Lists of Most-Favoured-Nation Exemptions on Services and Investment, Implementing Arrangement for Development and Economic Cooperation under the Pacific Agreement on Closer Economic Relations Plus, New Zealand's First Trade and Development Agreement Enters into Force, Pacific trade and development agreement a reality, Samoa ratifies PACER Plus trade and development deal, NZ first country to ratify PACER Plus trade deal, Ratification of Pacific trade deal a step closer, McClay says Vanuatu signing PACER Plus an important development, PACER Plus NIA released as agreement tabled 21 June 2017, McClay says PACER Plus signing a historic day for NZ-Pacific relations, Ministers welcome start of PACER Plus talks, Annex 2-A: Schedules of Commitments on Tariffs, Annex 2-B: Administration of Exemptions from the Obligation under Article 3.2 In Respect Of Regional Trade Agreements under Article 3.2(c), Annex 2-C: Notification of Modified or New Import Licensing Procedures Pursuant to Articles 14.1(c) and 14.2(b), Annex 3-A: Declaration of Origin Requirements, Annex 3-B: Schedule of Product Specific Rules, Annex 9-C: Expropriation and Compensation, Annex 9-D: List of Measures Not Compliant With TRIMS Agreement. 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