News News

1_WAR_ifad_newsportlet
https://asia.ifad.org/web/pacific/home/-/news/10619/normal?&#p_1_WAR_ifad_newsportlet

Agribusiness development partnership in Pacific takes shape

Display Date: 9/29/14

A new partnership between the Pacific Island Private Sector Organisation (PIPSO) and the Technical Centre for Agricultural and Rural Cooperation (CTA) is set to strengthen the agri-food systems in the Pacific by supporting agribusiness development and transformative partnerships, a media release from CTA says.

Many Pacific countries have a narrow agricultural production base and are particularly vulnerable to external shocks, such as changes in global trade and loss of preferential market access for traditional products. This results in high levels of food imports, lack of agricultural investment and weak producers’ and exporters’ organisations.

To move from this position of vulnerability and dependence to one of resilience, Pacific island economies must explore new areas of economic development, strengthen their diversification strategies and exploit the inter-linkages between sectors such as agriculture, tourism, industry, information and communication technologies (ICTs) and finance.

The envisaged partnership will start in 2015 with a five-year programme that will address strategic areas supporting the Pacific agri-food sector, including policies, value-chain development, ICTs and knowledge management.

One of the flagship activities will be an annual joint agribusiness forum, which will bring together key actors in agri-food chains in order to promote exchange of best practices on innovative, inclusive and sustainable models, address existing gaps in data acquisition and analysis and provide capacity building to key private and public organisations, the media release says.

Comments

Video Gallery

Image Gallery