Hon. Keith Pitt, Visit to promote economic links with the Solomon Islands

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Assistant Minister for Trade, Tourism and Investment, the Hon. Keith Pitt, will visit Honiara this week to deliver the keynote address at the 9th Australia Solomon Islands Business Forum and promote economic links between the two nations.

Around 150 delegates are expected at the forum with businesses from a range of sectors attending including banking and finance, mining, agriculture and fishing, shipping, tourism and IT.

Mr Pitt said the business forum would help to promote links between Australian and Solomon Islands businesses.

“A flourishing private sector is central to sustainable economic growth in the Solomon Islands,” he said.

Australia and the Solomon Islands have a total trade and investment partnership valued at just over $630 million in 2016, and Australia is the largest source of imports to the Solomon Islands.

“Economic growth is critical to maintaining peace and stability in the Solomon Islands following the successful conclusion of the Regional Assistance Mission to Solomon Islands, known as RAMSI, less than a month ago,” Mr Pitt said.

Australia has committed $141 million over four years to support a package of post-RAMSI governance, justice and policing programs.

During his visit, Mr Pitt will engage in bilateral meetings with Solomon Islands Government Ministers.

Mr Pitt will also tour the new Australia-Pacific Technical College (APTC) hospitality school at the Solomon Islands National University.