South Pacific Regional Trade and Economic Cooperation Agreement (Sparteca)

What is South Pacific Regional Trade and Economic Cooperation Agreement (Sparteca)?

South Pacific Regional Trade and Economic Cooperation Agreement (Sparteca) meaning

established – 1981

 

aim – to redress unequal trade relationships of Australia and New Zealand with small island economies in the Pacific region

 

members – (16) Australia, Cook Islands, Fiji (suspended), Kiribati, Marshall Islands, Federated States of Micronesia, Nauru, NZ, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html