High level participants from the Pacific included the Honourable Fonotoe Nuafesili Pierre Lauofo, the Deputy Prime Minister of Samoa, and the Honourable Richard Maru, Minister of Trade, Commerce and Industry of Papua New Guinea (PNG).
PNG's Minister for Trade, Hon. Richard Maru emphasised the need for his country to move up the value chain and to capture more value addition domestically prior to the products being exported.
"The current Government is committed towards seeing value added to our raw products from the agriculture, forestry, fisheries and mining sectors in order for the country to generate sustainable revenue, and at the same time create employment opportunities for our people, particularly those in rural areas," Hon. Maru
"The Fisheries industry is losing significant value as most of its catch is processed offshore.
Appropriate Aid for Trade could assist in developing productive capacity in this sector to process fisheries products in the Pacific before they are exported," said Hon. Maru
Pacific participants in the Fourth Global Review also highlighted the importance of regional solutions to boosting the Pacific's trade and fostering economic integration.
The important role of the Pacific Regional Aid for Trade Strategy, which is undergoing a "renew and refresh" process was also underlined.
Extensive consultation on the revision of the Pacific Aid for Trade Strategy is currently ongoing, and a finalised Strategy is expected to be available by August 2013.
Photo 1 - PNG's Minister for Trade, Hon. Richard Maru; Director General of WTO, Pascal Lamy; Deputy Prime Minister of Samoa, Hon. Fonotoe Lauofo at the Pacific Breakfast event, held in the margins of the 4thGlobal Review of Aid for Trade, in Geneva.
Photo 2 - Deputy Prime Minister of Samoa, Hon. Fonotoe Lauofo; Commonwealth Secretariat Director, Dr Cyrus Rustomjee; PNG's Minister for Trade, Hon. Richard Maru participate in the panel on Pacific value chains at the 4thGlobal Review of Aid for Trade.