Analysis of the Indo-Pacific Economic Framework for Prosperity for Fiji

The members of the IPEF are at different stages of development and thus the welfare gains from
the framework would vary between countries. Fiji is among the smallest economies in the IPEF and
stands to gain market opportunities for trade and investment through integration with Asia and
the United States (US). However, realising these benefits necessitates substantial reforms. The IPEF
offers potential market access, but Fiji’s private sector must comply with regulatory requirements
to trade effectively. Consequently, Fiji needs technical and financial assistance for these reforms. A
key recommendation is for Fiji to strengthen or propose an overarching IPEF development chapter
with specific assistance areas across the Trade, Supply Chains, Clean Economy, and Fair Economy
Pillars. This assistance should supplement existing aid from developed countries. If Fiji volunteers
under all four Pillars, it must request an action plan for assistance provision over time from the
developed IPEF members.