March 29, 2013

Indonesia, Fiji sign deal

March 29, 2013 | Filed under: Fiji News | Posted by: newsroom
Source: Ministry of Information

Cabinet has approved a memorandum of understanding (MOU) between the Republic of Indonesia and Republic of Fiji for co-operation in the field of Small and medium enterprises (SMEs).

The MOU covers a relatively new area dealing with the protection of Genetic Resources, Traditional Knowledge and Folklore (GRTFK), and the rights of the GRTFK holders of both parties.

The Attorney – General, Aiyaz Sayed-Khaiyum said that this MOU will encourage employment generation and rural development.

A Joint Coordinating Committee comprising members responsible for SME from both countries shall be formed to coordinate the implementation of the MOU.

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