COUNTRY COMMERCIAL GUIDE

**June 2004**

**FIJI**

**TABLE OF CONTENTS**

**Chapter 1.EXECUTIVE SUMMARY**

**Chapter 2.ECONOMIC TRENDS AND OUTLOOK**

2.1 Major trends and outlook

2.2 Principal growth sectors

2.3 Government role in the economy

2.4 Balance of payment situation

2.5 Infrastructure

**Chapter 3.POLITICAL ENVIRONMENT**

3.1 Nature of political relationship with the U.S.

3.2 Major political issues affecting the business climate

3.3 Brief synopsis of political system

**Chapter 4. MARKETING U.S**.**PRODUCTS AND SERVICES**

4.1 Distribution and sales channels

4.2 Information on typical product pricing structures

4.3 Use of agents and distributors; finding a partner

4.4 Franchising

4.5 Direct marketing

4.6 Joint ventures/licensing

4.7 Steps to establishing an office

4.8 Selling Factors/Techniques

4.9 Advertising and Trade Promotion

4.10 Pricing Product

4.11 Sales Service/Customer Support

4.12 Selling to the Government

4.13 Protecting your product from IPR infringement

4.14 Need for a local attorney

4.15 Performing due diligence/checking bona fides of
banks/agents/customers

**Chapter 5.LEADING SECTORS FOR U.S. EXPORTS AND INVESTMENT**

> 5.1 Primary sectors for sales and investment
>
> 5.2 Best prospects for non-agricultural goods & services

5.3 Best prospects for agricultural goods & services

**Chapter 6.TRADE REGULATIONS, CUSTOMS, AND STANDARDS**

6.1 Trade barriers, including tariff and non-tariff barriers

> 6.2 Customs regulations
>
> 6.3 Tariff rates
>
> 6.4 Import taxes including value added taxes, purchase taxes, uplifts
> and surcharges, and provincial taxes
>
> 6.5 Import license requirements
>
> 6.6 Special import/export requirements and certifications
>
> 6.7 Labeling requirements
>
> 6.8 Prohibited imports
>
> 6.9 Warranty and non-warranty repairs (Duties/Taxes charged on
> replacement parts)
>
> 6.10 Export Controls
>
> 6.11 Standards
>
> 6.12 Free Trade Zones/Warehouses
>
> 6.13 Membership in Free Trade Arrangements
>
> 6.14 Customs contact information

**Chapter 7.INVESTMENT CLIMATE**

> 7.1 Openness to foreign investment
>
> 7.2 Right to private ownership and establishment
>
> 7.3 Protection of property rights
>
> 7.4 Adequacy of laws & regulations governing commercial transactions
>
> 7.5 Foreign Trade Zones/Free Ports
>
> 7.6 Major taxation issues affecting U.S. business
>
> 7.7 Performance requirements/incentives
>
> 7.8 Transparency of the regulatory system
>
> 7.9 Corruption
>
> 7.10 Labor
>
> 7.11 Efficiency of capital markets and portfolio investment
>
> 7.12 Conversion and transfer policies
>
> 7.13 Expropriation and compensation
>
> 7.14 Dispute settlement, including enforcement of foreign arbitration
> awards
>
> 7.15 Political violence
>
> 7.16 Bilateral Investment Agreements
>
> 7.17 OPIC and other investment insurance programs
>
> 7.18 Capital outflow policy

**Chapter 8. TRADE AND PROJECT FINANCING**

> 8.1 Description of the banking system
>
> 8.2 Foreign exchange controls affecting trade
>
> 8.3 General availability of financing
>
> 8.4 How to finance exports/Methods of payment
>
> 8.5 Availability of project financing including OPIC, EXIM
>
> 8.6 List of banks with corresponding U.S. banking arrangements

**Chapter 9. BUSINESS TRAVEL**

> 9.1 Business customs
>
> 9.2 Travel Advisory and visas
>
> 9.3 Holidays
>
> 9.4 Business Infrastructure

**Chapter 10. ECONOMIC AND TRADE STATISTICS**

Appendices

Appendix A: Country Data

> Appendix B: Domestic Economy
>
> Appendix C: Trade Figures
>
> Appendix D: U.S. and Country Contacts

**CHAPTER 1**

**EXECUTIVE SUMMARY**

This Country Commercial Guide (CCG) presents a comprehensive look at
Fiji\'s commercial environment, using economic, political and market
analysis. The CCGs were established by recommendation of the Trade
Promotion Coordinating Committee (TPCC), a multi-agency task force, to
consolidate various reporting documents prepared for the U.S. business
community. Country Commercial Guides are prepared annually at U.S.
embassies through the combined efforts of several U.S. government
agencies.

Though a small island group in the Pacific Ocean, 3000 miles from
Honolulu, Fiji is far from isolated from the world\'s markets. With a
sophisticated society active in international affairs, Fiji is a hub and
frequently acts as a leader for the region. Strong historical and
commercial bonds with Australia and New Zealand exist, but relations
with the U.S. are expanding - politically, culturally, and commercially.
The restoration of the 1997 constitution, pronouncements by judiciary
and the peaceful conduct of elections since the political coup of 2000,
have strengthened democracy and stability in the country.

Fiji has a literate, English-speaking workforce, competitive wage rates
and a productive working environment. However, the high exodus of
skilled workers and professionals following the country's political
instability of 2000 remains a concern. Services, such as banking,
travel, insurance, legal, transportation, hotels and restaurants are
available. Numerous direct air and sea services link Fiji to the U.S.,
Asia and the Pacific for passengers and cargo. Infrastructure is
relatively developed - communications, power and water are expensive,
and main roads are reliable. Much effort has gone into meeting the
increasing power needs of the country. A new hydroelectric power station
is expected to boost the country's power supply by 6 megawatts.

Fiji\'s economy is primarily dependent upon tourism, agriculture and
manufacturing. Major exports are sugar, garments, artesian water,
timber, fish and gold. Many consumer and durable goods must be imported.
Leading imports include manufactured goods, machinery, food, fuel and
chemicals. Increasing numbers of Americans are visiting Fiji as tourists
and the U.S. now ranks as the second largest source of tourism for Fiji
after Australia. Growth in tourism is generating an expansion of
world-class tourist facilities and services over the next five years.

The Fiji market is small, but relatively diversified, with a range of
industries, private and public enterprises, and tourist and production
facilities. Market penetration by U.S. firms is currently shallow, as
Fiji businesses, accustomed to dealing with their nearby Pacific
partners, have little experience finding sources of goods and services
in the U.S., and are concerned about transportation costs. However,
these costs are declining and many U.S. goods compete successfully on
price and quality. The Government can, however, restrict the import of
certain goods to protect local industries by enforcing unrealistic
non-tariff barriers, such as changing standards. Some U.S. companies are
represented through subsidiaries and distribution networks operating
from Australia and New Zealand.

The government welcomes outside investors. Fiji often hinders foreign
investment by employing a bewildering series of registration and
regulatory processes. Fiji\'s Quarantine Department offers a
particularly onerous (and ever-changing) set of requirements for the
import of some food items into Fiji, causing some potential investors to
throw up their hands in despair and look for alternate markets. Domestic
and international telecommunications are monopoly-owned (Telecom Fiji
and FINTEL, respectively), and present prohibitively high prices for any
business operating in the telecommunications or Internet sector. Fiji
generally discourages foreign acquisition of a controlling interest in
established Fijian businesses, unless such acquisition is in the
\"national interest.\" This usually means some sort of direct or
indirect benefit package for the Fijian community.

Foreign investments are also hindered by the lack of available freehold
land. Indigenous Fijians own 83% of the land, which is administered by
the Native Land Trust Board. Frequent ownership disputes regarding land
can result in roadblocks and the takeover of businesses by landowners
without resort to legal processes. Other issues concern the sanctity of
contracts, and several landowners have reputed existing agreements to
claim additional compensation, or \"rent\", when they see a competing
business making a greater profit. For these reasons, investment in
native-owned land is high risk and discouraged.

Investments that are export oriented, offer import substitution, and/or
self-sufficiency, will receive the strongest support from government.
Investments in the tourism sector are encouraged. Recent plans to
privatize state enterprises have been put on hold by the government.
Tourism, energy, transportation, and communications, timber and
manufacturing are the fastest growing industries in Fiji. Fiji is a
member of the WTO.

Country Commercial Guides are available for U.S. exporters from the
National Trade Data Bank\'s CD-ROM or via the Internet. Please contact
STAT-USA at 1-800-STATUSA for more information. Country Commercial
Guides can be accessed via the World Wide Web at
HTTP://WWW.STAT-USA.GOV, HTTP://WWW.STATE.GOV/, and
HTTP://WWW.MAC.DOC.GOV. They can also be ordered in hard copy or on
diskette from the National Technical Information Service (NTIS) at
1-800-553-NTIS. The CCG is also available on American Embassy Suva\'s
website at amembassy-Fiji.gov**.**

U.S. exporters seeking general export information and assistance or
country-specific commercial information should contact the U.S.
Department of Commerce's Trade Information Center at 1-800-USA-TRAD (E)
or go to one of the following websites:
[www.export.gov](http://www.export.gov/) or www.buyusa.com

**CHAPTER 2**

**ECONOMIC TRENDS AND OUTLOOK**

**2.1.** **Major Trends and Outlook**

GDP at market prices was F\$4.4 billion (US\$2.5 billion) in 2003.
Fiji's economy is estimated to have performed robustly in 2003,
expanding around 5%. For 2004, the economy is projected to grow at an
annual rate of 4.7%, underpinned by buoyant activity in building and
construction, manufacturing, wholesale and retail trade, and restaurants
and hotels..

The inflation rate in 2002 was 1.6%, rising to 4.2% in 2003. In 2004,
inflation at the end of March declined to 2.2%, as the effect of an
increase in the Value Added Tax (VAT) rate, implemented in 2003, abated.

In April 2002, Moody\'s Investor\'s Service changed the outlook of its
Ba2, Sovereign Rating for Fiji to "stable" from "negative". It noted
that despite continuing domestic political uncertainties, the country\'s
external financial position had weathered the past two years' volatility
without significant deterioration. External liquidity remained adequate.

**2.2. Principal Growth Sectors**

Gross earnings from tourism continue to be Fiji's major source of
foreign exchange and an important contributor to Fiji's economy. Fiji's
gross earnings from tourism for 2002 was approximately F\$568 million
(US\$334 million), an increase of 14.5% over gross earnings of
F\$496million (US\$291 million) in 2001. Visitor arrivals during 2003
totaled 430,800, an increase of 8.27% over 397,859 arrivals in 2002.

**2.3. Government Role in the Economy**

In 2001, the Government's revenue from direct and indirect taxes,
capital revenue, and grants totaled F\$900.5million (US\$529 million).
Expenditures, however, totaled F\$1,257million (US\$739 million) in the
same year. The Government's budget deficit stood at F\$249.1 million
(US\$146 million) or 6.5% of GDP. The higher fiscal deficit was a result
in a rise of the Government's operating and capital expenditures
(excluding debt repayments), which outweighed growth in net revenues
(excluding asset sales). Following five years of expansionary fiscal
policy, the Government intends to adopt a contractionary stance in 2004,
through its reform programs to ensure public-sector accountabilities and
efficiencies. This is consistent with the Government's intention to
consolidate its financial position and reduce the underlying deficit to
3.9% of GDP. Provisional data indicates that for 2003, the underlying
deficit was estimated at 6.3% of GDP.

The Government's intention to raise investment levels to 25% of GDP
remains a high priority. It is estimated that total investment in the
economy represented around 16% of GDP in 2003. A bill to amend the
Foreign Investment Act has been tabled in the House of Representatives
to help ensure that the investment process is transparent and provides
clear guidelines to investors.

**2.4. Balance of Payments Situation**

The overall balance of payments was negative, leading to a decrease in
external reserves to about F\$75.8 million (US\$44.6 million) at the end
of the 3^rd^ quarter of 2003. Foreign reserves at the end of March 2004
were around F\$725 million (US\$426 million), sufficient to cover 4.5
months of import payments for goods.

The increase in exports was largely attributed to positive contributions
from mineral water, garments and other goods, which more than offset
lower receipts from lumber, fish, sugar, coconut oil and gold. In line
with robust domestic demand, merchandise imports rose by around 13% over
2002 levels.

The overall balance of payments was F\$270.3 million (US\$158 million)
in 2003, compared to -F\$73.5 million (US\$43 million) in 2002.

U.S. exports to Fiji totaled F\$80.6 million (US\$47 million) in 2003,
compared to F\$79.5 million (US\$45 million) in 2002. U.S. imports from
Fiji were F\$225.2 million (US\$132 million) in 2003, compared to
F\$221.3 million (US\$130 million) in 2002, with garments and Fiji Water
making up the bulk of U.S. imports.

**2.5. Infrastructure**

Infrastructure support is fairly reliable in Fiji. There are numerous
air and sea connections to the U.S., Asia, and the Pacific Region, as
well as local air and sea transport to all major cities in the country.
The power generating capacity on the two main islands has been increased
with the installation of diesel generators in the capital city, Suva,
and the recent opening of a new hydroelectric scheme. Independent power
production is planned for isolated regions. All new power generating
sources must be renewable and must be accomplished in cooperation with
the government electric, sugar or timber authorities. Fiji is exploring
hydro, solar, wind and wave energy generation, and hybrids.

Domestic and international communication links are relatively reliable,
although fax, internet and paging services are expensive and sometimes
frustrating due to intermittent disconnections. The government plans to
extend power and phone links to rural areas and outer islands, but no
funds have been earmarked for these projects. Other services, such as
travel, insurance, banking, accounting, local transport, sewage and real
estate are available in major cities.

**CHAPTER 3**

**POLITICAL ENVIRONMENT**

**3.1. Nature of Political Relationship with the U.S**.

Fiji maintains full diplomatic relations with the United States and is
represented by an Ambassador in Washington, D.C. It maintains a trade
mission in Los Angeles. Various bilateral arrangements on trade,
political and economic issues are in place between the two countries;
however, Fiji has a tendency to disregard bilateral agreements and
suddenly implement questionable restrictions to protect local industries
and special interests. Fiji receives U.S. assistance primarily through
international, multilateral, aid institutions and regional programs,
such as disaster preparedness, weather forecasting, marine research,
environmental and science programs and aviation.

**3. 2. Major Political Issues Affecting the Business Climate**

Having promised a new affirmative action program, known as Blueprint,
for indigenous Fijians, Prime Minister Laisenia Qarase, must now fund
it. Because of its weak economic and revenue position, the Government is
likely to divert funds earmarked for other projects to fulfill blueprint
needs. Failure to meet these obligations could erode government support
among some voters.

Ethnicity plays a major role in Fiji\'s politics, economy and society.
Fiji\'s multiracial society is made up of approximately 50% indigenous
Fijians, 43% Indians (\"Indo-Fijians\") and 7% European, Chinese or
other Pacific ethnic groups. Indo-Fijians dominate the commercial sector
and professions, but are underrepresented in the public service. There
is only one Indo-Fijian member in the Cabinet. Ethnic Fijians make up
the bulk of the nation\'s military forces, control 83% of the land, and
wield considerable political power.

A pressing issue is settlement of land-lease problems, brought about by
the Agricultural Landlord and Tenants Act (ALTA). A considerable number
of agricultural leases are expiring and are not renewed, reverting
instead to bushland. This has affected sugar production and has put
pressure on Government to resettle evicted farmers. The government is
grappling with this issue, and the uncertainty it creates for current
tenants, as well as for the future of cane farming, is affecting
investor confidence in some sectors. The ALTA is entrenched legislation
and can be altered only by Parliament. Currently, the Government does
not have the numbers to change the provisions of the act without support
from the Fiji Labour Party, which favors retention of the ALTA with some
changes.

Other issues which could affect business, includes the viability of the
sugar industry, improving investor confidence, law and order, and
resolving political uncertainties.

**3.3. Brief Synopsis of Political System**

Fiji\'s system of parliamentary democracy, inherited when the country
gained independence from Great Britain in 1970, was interrupted in 1987
with the installation of a military regime, following two bloodless
coups led by then Lt. Col. Sitiveni Rabuka. Fiji returned to elected
government in 1992. That government fell in November 1993, over failure
to pass a budget for 1994. After a general election in February 1994,
the government of Prime Minister Rabuka was returned to power.

In 1995, the Rabuka government initiated a constitutionally mandated
review of the Fiji constitution, resulting in the signing into law of a
new broadly accepted constitution, effective in July 1998. All major
political parties participated in the review process and the
constitution is the result of consultation and consensus among the
people of Fiji.

Elections held under the new constitution in May 1999 resulted in a
surprise Labour Party victory, the installation of a \"People\'s
Coalition,\" led by an Indo-Fijian Prime Minister, Mahendra Chaudhry.
The elections were conducted freely and fairly, and led to a peaceful
transfer of power.

After only one year in power, the Peoples Coalition Government was
overthrown in a bloodless, civilian-led coup, in 2000, which held
several Parliamentarians and the Prime Minister hostage for 57 days.
Major violence erupted throughout Fiji, prompting the Fiji military to
declare marshal law and abolish the Constitution. An interim government
was installed by the military, headed by (current) Prime Minister
Qarase. Once order was restored, the Fiji Supreme court ruled the 1997
Constitution remained valid and the pre-coup Parliament to be the legal
Government, prompting the President to dissolve Parliament and call for
fresh elections. Mr. Qarase formed his own party and ran for election in
2001, winning enough seats to establish a coalition with the
Conservative Alliance Party and form the present Government of Fiji.

**CHAPTER 4**

**MARKETING U.S. PRODUCTS AND SERVICES**

Embassy Commercial Section staff make regular visits to urban centers in
Fiji. Foreign Buyer Program flyers, major U.S. trade show literature,
trade directories and trade magazines are distributed during these
outreach visits. Embassy officials use these opportunities to initiate
contacts, answer inquiries, promote the U.S. as a source of products and
services, and develop trade leads. The Commercial Section disseminates a
Department of Commerce commercial newsletter \"CNUSA\" throughout the
South Pacific region.

Department of Commerce \"Gold Key\" services can be provided free of
charge. Gold Key service includes helping businesspersons with
appointments, prescreening buyers and potential partners, market
analysis, strategy development and travel assistance.

**4.1. Distribution and Sales Channels**

Two major channels of distribution available to U.S. exporters are:
large, well-established trading companies with strong financial
resources and sales volumes, as well as an extensive presence in many
industrial sectors. In many cases, these large traders form marketing or
production joint ventures with foreign firms, when import volumes are
sufficient to justify local investment. In highly specialized markets,
these companies rely on agents who have appropriate contacts or
expertise.

The second available channel is through small importers. These importers
generally specialize in one line of business, where they have proven
networks and market know-how.

It is advisable for U.S. companies to perform careful due diligence to
assure that a potential agent or distributor is financially healthy and
able to fulfill obligations.

**4.2. Information on Typical Product Pricing Structures**

The Prices and Incomes Board (PIB) was established on 1 July 1973 as a
statutory body to implement policies that affect inflation, under the
direction of the Minister responsible. The Board has enacted measures,
including a wage freeze and price controls, on various commodities to
correct market inequities for consumers and suppliers.

There are a number of basic food items under price control. The Minister
responsible is empowered, under the Counter-Inflation Act, to alter,
remove or add any item from price control. Under the Counter-Inflation
Act, the Board is required to give a 14-day Intention Notice for any new
items directed by a Minister to be placed under control. Responses from
the private sector are collected and indicated to the Minister who
issues the final directives to regulate prices. A full list of
controlled priced items is available at the Embassy Commercial Section.

Contact: The Secretary, Prices and Income Board, G.P.O. Box 1312, Suva,
Telephone: (679) 3309266, Fax: (679) 3303227, Email:
<pibhq@connect.com.fj>

**4.3. Use Of Agents and Distributors; Finding A Partner**

The Fiji Government and some local companies are interested in
establishing arrangements with foreign companies.

The General Contract Law governs agreements between foreign suppliers
and local agents and distributors. It establishes a buyer-seller
relationship under a sale of goods contract between the two parties. It
is the responsibility of the local agent or distributor to apply for
necessary licenses and import permits.

New market entrants should seek an established agent/distributor with
good local contacts, market expertise and technical know-how. U.S.
exporters must often provide training, marketing and technical support.
Frequent contact with local representatives is critical, especially at
the outset, in order to build a good working relationship based on
shared values and objectives, and to ensure there is no
misunderstandings or communications problems.

The Commercial Section at the U.S. Embassy in Suva can provide valuable
assistance in locating potential representatives and acquiring
preliminary market data. The staff can also help companies identify
agents and distributors.

**4.4.** **Franchising**

There are no restrictions placed by the Fiji government on franchising
arrangements. McDonalds, KFC, Coca-Cola and Johnson & Johnson are firms
operating in Fiji under franchise agreements. Market size imposes some
limitations in Fiji, but many companies use Fiji as an export base to
other Pacific Island countries including Australia and New Zealand.

**4.5. Direct Marketing**

Direct marketing is used widely in the sale of cosmetics, health
products, cleaning and household consumer goods, electrical appliances
and in service businesses. Major U.S. brands in Fiji are Tupperware,
Amway, Nu-Skin and Avon.

**4.6. Joint Ventures/Licensing**

Joint ventures are encouraged in Fiji to stimulate local
entrepreneurship.

Joint ventures and licensing agreements are important market entry
strategies for American exporters. Joint-venture partnerships offering
technology transfer, specialized expertise and training opportunities
are effective mechanisms to reduce costs.

Some Fiji firms are actively seeking U.S. joint-venture partners; who,
along with much needed capital, can also bring technical, marketing and
management skills to a business relationship. Fiji firms generally offer
assets, local vendor and government contacts, and established business
relationships throughout the Pacific region.

The Commercial Section at the U.S. Embassy in Suva can provide
assistance in locating potential joint-venture partners for American
companies.

**4.7. Steps To Establishing an Office**

The primary forms of business organizations in Fiji are: companies,
including branch offices; joint ventures; partnerships and trading
trusts.

U.S. firms may elect either to incorporate a subsidiary or establish a
branch office by registering itself as a foreign company. Both
approaches are regulated under Fiji\'s Company Law. U.S. firms may wish
to enter into joint-venture arrangements with one or more parties on an
unincorporated or incorporated basis.

Contact: Fiji Islands Trade & Investment Bureau (FTIB), Chief Executive,
P.O. Box 2303, Government Buildings Suva, Telephone: (679) 3315-988,
Fax: (679) 3301-783, Email <ftibinfo@ftib.org.fj>

**4.8. Selling Factors/Techniques**

To differentiate themselves from local and third-country competitors,
U.S. firms should emphasize their strengths in quality, innovation,
technology and customer service.

Fijians have come to expect more and better styles and designs, regular
product upgrades and updated technology from U.S. companies, and will
often choose U.S. products and services on the basis of \"value for
money\", not by cost factors. Training is an effective means to make
potential customers aware of the quality of products and services.

**4.9. Advertising and Trade Promotion**

The majority of Fijians receive information from radio and newspapers.
Advertising and trade promotions are important marketing tools in Fiji.
In particular, foodstuffs and consumer products should be promoted
heavily via a full range of mass media.

There are three major English-language newspapers, \"The Fiji Times,\"
\"Fiji\'s Daily Post\" and \"The Fiji Sun\". The Fijian language
newspaper \"Nai Lalakai\" and \"Volasiga\" can be used for marketing to
the Fijian sector of the population, and the Indian-language newspaper
\"Shanti Dut\" for Indo-Fijians.

Companies in Fiji also use "Pacific Business" and "Review" magazines for
advertising.

Special promotional campaigns are frequently conducted at local shopping
centers, hotels and convention halls. Movie theaters and television are
also means of reaching the public. It is advisable to translate all
product literature and technical specifications into Fijian or
Hindustani, Fiji\'s other two main languages.

Contact: The Fiji Times, Mr. Tony Yianni, Publisher, P.O. Box 1167,
Suva, Telephone: (679) 3304-111 Fax: (679) 3301-521 Email:
<timesnews@fijitimes.com.fj>, Website:
[www.fijitimes.com.fj](http://www.fijitimes.com.fj/)

Daily Post, Mr. Fred Wesley, Act. Publisher/ Editor, P.O. Box2071,
Government Buildings, Suva, Telephone: (679) 3313-342 Fax: (679)
3313-320 Email: dailypostfijinews@yahoo.com; Fiji Sun, Michael Richards,
CEO & Publisher, Tel. 3307-555, Fax 3311-455, Email:
<fijisun@sun.com.fj>, Website: [www.sun.com.fj](http://www.sun.com.fj/).

**4.10. Pricing Product**

As mentioned in Section 4.2, the Prices and Incomes Board, a statutory
arm of the Ministry of Finance, controls prices of certain goods.
Otherwise, competition controls prices.

**4.11. Sales Service/Customer Support**

All businesses operating in Fiji need to provide warranty service,
maintenance contracts for parts and supplies, and return policies.

**4.12. Selling To the Government**

All requests for proposals and tenders are offered in newspapers and in
government publications. Multilateral lending institutions, such as the
ADB and World Bank sometimes sponsor projects, all open to U.S. bidders.

**4.13. Protecting Your Product from IPR Infringement**

All U.S. firms entering Fiji should protect themselves by registering
their intellectual property. A local attorney that specializes in this
area can initiate legal actions to combat piracy. The Copyright Act of
1999 protects products from intellectual property infringement. There
are recent examples of enforcement of this Act.

**4.14. Need For A Local Attorney**

The services of a local attorney are required for executing agreements
and setting up offices in Fiji. Normally paperwork can be completed
quickly and easily. Law firms also advise on the various types of
business organizations that can be established, assist in registering
firms and in obtaining permits. Lawyers are needed for registering
patents and trademarks and for taking other legal measures to protect
products from intellectual property right infringements. The Commercial
Section at the U.S. Embassy in Suva can provide a list of Fijian
lawyers.

**4.15. Performing Due Diligence/Checking Bona Fides of
Banks/Agents/Customers**

Businesses and investors can hire professional accountancy companies to
do due diligence and check bona fides of any company with which they
plan to work. There are a number of reputable accountancy firms to
provide this service.

A list of accounting firms is available at the embassy.

**CHAPTER 5**

**LEADING SECTORS FOR U.S. EXPORTS AND INVESTMENT**

**5.1 Primary Sectors for Sales and Investment**

In 2003, U.S. sales to Fiji were concentrated in manufactured goods such
as, computers, plastics, fabrics, machinery, grains, chemicals and
associated parts and components.  The import of processed food and
household consumer goods is rapidly expanding.  Fiji\'s tourism industry
offers opportunities for potential exporters and investors in hotel,
transport and recreational supplies and services.  Agro-industrial-based
ventures like food processing, fishing and fish processing, and fruit
and vegetable farming/processing offer investment opportunities.
Potential also exists in the energy sector for renewable technologies
and down-stream processiong of timber products.

Fiji has a high volume of Mahogany forests ready for harvesting,
however, continued controvesy surrounding disputes between landowners
and government makes the future of this multi-million dollar industry
uncertain. Mahogany has also become a political issue, and investment in
this area is cautioned, unless transparent and clear policy guidelines
and issues are resolved regarding land and resource ownership.
Landowners have been known to disprupt operations and resort to
violence. Once problems are resolved, mahogany logging will provide
major opportunities to American firms for investiment in harvesting,
down stream processing, and supplying machinery and equipment.

**5.2 Best prospects for Non-Agricultural Goods and Services**

The best prospects for U.S. sales over the next few years will be in
manufactured goods, hotel services, equipment and supplies, consumer
goods, chemicals, plastics and resins, automated machinery, power
generation and computer software, aircrafts and supplies.

Manufactured Goods: Because of its relatively small size and island
status, Fiji lacks the capability to manufacture many items necessary
for the daily functioning of a developing country. Local manufacturing
is concentrated in garments, footwear, furniture, cement and leather and
wood products. Manufactured goods and miscellaneous manufacturing made
up 30.23% of imports in 2003.

Tourism: Over 430,800 tourists visited Fiji in 2003. New resorts will be
needed to accommodate growth, primarily in the five star, or luxury
range. A corresponding increase in the demand for goods and services in
the hospitality industry, including food service, recreation and
transportation goods and services is expected. American tourists are
coming in increasing numbers, creating a demand for U.S.-quality
products.

Energy: By regulation, all new power generation put on line in Fiji must
be fueled by renewable sources. There is currently a demand by the
government for partners in the energy sector, as Fiji explores ways to
bring power to the grids of major cities. To electrify isolated villages
in rural areas, independent stations are planned. Potential suppliers
must work with Fiji government authorities on these projects, prospects
are good.

Consumer Products and Machinery: As Fijians become acquainted with
American brands and quality, the ongoing demand for consumer products,
processed foods, chemicals and plastics will grow. Fiji has a small
manufacturing base, which requires automated machinery, ranging from
cutting machines for garment manufacturers, to packaging machines. Food
was 15% of imports in 2003, chemicals 7.5%, and machinery 30% of total
imports that year. These trends continue.

Computer hardware, software and service: Computer literacy is increasing
rapidly in Fiji.  Internet access is established, but high costs and
minimal access to hardware keeps usage down.  The recent establishment
of call centers in Fiji, new networking and systems integration, and
expanding businesses and international organizations, offer
opportunities for U.S. suppliers in this field.

Construction & Capital projects: The construction sector is anticipated
to continue to perform well. During the first quarter of 2004, initial
works commenced on the F\$30 million (US\$17 million) European Union
funded Rewa Bridge, one of the country's major bridges. Other major
projects anticipated in 2004, include the construction of a shopping
complex in downtown Suva and the Great Council of Chiefs complex. This
is in addition to work in progress on the Suva Central Project, Colonial
Center, Fiji School of Medicine campus, Fiji Public Servants Association
Complex and construction of residential and tourist properties.

These provide excellent opportunities to U.S. consultants, designers and
suppliers.

**5.3 Best Prospects for Agricultural Products**

Agro-processing is a dynamic sector in Fiji, especially fish canning and
processing, and agricultural products such as fruits, vegetables, spices
and botanicals. Investment, equipment and supplies needed to expand and
support these industries are in demand.

**Chapter 6**

**TRADE REGULATIONS, CUSTOMS, AND STANDARDS**

**6.1. Trade barriers, including tariff and non-tariff barriers.**

For exporters to Fiji, import licenses are not required for most goods.
However some goods are absolutely restricted and some subject to quotas.
Most imports are subject to duty. A single-line tariff system is
employed. Drawback of duty is claimable for duty on re-exported goods.

Protection of Fiji industries, where need is established by the
Government, is afforded either by customs duty, or by restricting the
entry of goods under protection. Goods in the latter category can be
imported only under a license from the relevant Ministry; or subject to
conditions imposed by statute, or license, from the Ministry of Finance.
Quotas may be placed on the import of particular products.

**6.2. Customs regulations**

All imports into Fiji are subject to classification by the Fiji Islands
Customs Service and rates of duty vary with the type of goods. Imports
are subject to import duty, (Fiscal Duty and VAT), which is levied in
accordance with rates outlined in the schedule of customs tariffs. VAT
is fixed at 12.5%; however, there are nominal rates of 3% for a number
of tourist-oriented products (e.g. electronic hi-fi equipment). Duty at
a higher rate is generally levied on automobiles, ready-made garments,
tobacco, liquor, beer and wines.

**6.3. Tariff rates**

> Section titles rates

1\. Live animals: animal products 0-27%

2.  Vegetable products 0-27%

3.  Animal or vegetable fats and oils and their cleavage products:
    prepared edible fats; animal or vegetable waxes 0-15%

4.  Prepared foodstuffs: beverages, spirits and vinegar: tobacco and
    manufactured tobacco substitutes 0-27% ; \$56.36; \$77.44;
    \$127.53/kg respectively

5.  Mineral products 0-27%

6.  Products of the chemical or allied industries 0-27%

7.  Plastics and articles thereof: rubber and articles thereof 0-27%

8.  Raw hides and skins, leather, furskins and articles thereof:
    saddlery and harness: travel goods, handbags and similar containers;
    articles of animal gut (other than silk-worm gut) 0-27%

9.  Wood and articles of wood; wood charcoal; cork and articles of cork;
    manufactures of straw, of esparto or of other plaiting materials;
    basketware and wickerwork. 0-27%

10. Pulp of wood or other fibrous cellulosic material; recovered (waste
    and scrap) paper or paperboard; paper and paperboard and articles
    thereof. 0-27%

11. Textiles and textile articles 0-27%

12. Footwear, headgear, umbrellas, sun-umbrellas, walking-sticks,
    seat-sticks, whips, riding crops and parts thereof; prepared
    feathers and articles made therewith; artificial flowers; articles
    of human hair 3-27%

13. Articles of stone, plaster, cement, asbestos, mica or similar
    materials; ceramic products; glass and glassware 3-15%

14. Natural or cultured pearls, precious or semi-precious stones,
    precious metals, metal clad with precious metal and articles
    thereof; imitation jewelry; coin

    0-27%

15. Base metals and articles of base metal 0-27%

16. Machinery and mechanical appliances; electrical equipment, parts
    thereof; sound recorders and reproducers, television image and sound
    recorders and reproducers, and parts and accessories of such
    articles. 0-27%

17. Vehicles, aircraft, vessels and associated transport equipment 0-27%
    or 13,650 per unit whichever is the greater

18. Optical, photographic, cinematographic, measuring, checking,
    precision, medical or surgical instruments and apparatus; clocks and
    watches; musical instruments; parts and accessories thereof 0-27%

19. Arms and ammunition; parts and accessories thereof

    3-27%

20. Miscellaneous manufactured articles 3-27%

21. Works of art, collectors\' pieces and antiques 3-15%

**6.4. Import taxes including value added taxes, purchase taxes, uplifts
and surcharges, and provincial taxes**

A 12.5% Value Added Tax is applicable on all imports. Businesses
registered under the VAT legislation can claim an input tax credit in
relation to VAT paid on their imports.

VAT in Fiji is similar to that found in the European Union and to that
in New Zealand, although there are a few exceptions. It is a single-rate
tax.

VAT is imposed on imports on all categories of professional services.
The importer of such services is required to pay the required VAT to the
Inland Revenue Department.

There are also arrangements for the temporary import of goods for
alteration or repair, for public exhibition, trial or entertainment; of
goods not normally available in Fiji to be used solely in connection
with some particular project; and of goods for use by temporary
residents.

**6.5. Import license requirements**

Most goods may be imported without an import license. Products subject
to specific import licensing are powdered milk, bulk butter, seed
potatoes, rice, coffee, poultry, meat products, canned fish, lubricants,
transformer and circuit breaker oils, cleansing oils and hydraulic brake
oils.

**6.6. Special import/export requirements and certifications (health,
pharmaceuticals, pre-shipment inspection)**

The Quarantine Division of the Ministry of Agriculture, Sugar and Land
Resettlement must license certain types of agricultural imports, such as
rice, poultry and meat. The Ministry of Finance and Public Enterprises
issues import licenses for gold and other precious metals. For products
such as lubricants, transformer and circuit breaker oils, cleansing oils
and hydraulic brake oils, import licenses are issued by the Ministry of
Commerce, Business Development & Investment.

**6.7. Labeling requirements**

All goods imported from the U.S. must have a Made in U.S.A label. If a
garment, the washing instructions must be attached. Fabric content must
also be displayed.

For packaged goods, quality certification and weight must be on the
label.

The company that made the goods must also be shown on the labels.

For more information contact: The Fair Trading Department, Ministry of
Commerce, Business Development and Investment, P.O. Box 2118, Government
Buildings, Suva, Tel: (679) 3305-411, Fax: (679) 3302-617

**6.8. Prohibited imports**

Prohibited imports include weapons, illegal drugs and pornography.

Contact: The Director General, Fiji Islands Customs Service, GPO Box
175, Suva, Telephone: (679) 3302-322, Fax: (679) 3305-138, Website:
[www.frca.org.fj/customs/](http://www.frca.org.fj/customs/)

**6.9. Warranty and non-warranty repairs (duties/taxes charged on
replacement parts, or on goods brought in temporarily for repair and
re-exported)**

Duties will only be charged on replacement parts on goods sent for
repairs subject to verification. Section 14 of the Customs Tariff Act of
1986 covers these duties.

Contact: The Director General, Fiji Islands Customs Service, GPO Box
175, Suva, Telephone: (679) 3302-322, Fax: (679) 3305-138, Website:
[www.frca.org.fj/customs/](http://www.frca.org.fj/customs/)

**6.10. Export controls**

This information is covered in item 3 to Schedule 9, of the Customs
(Prohibited Imports & Exports) Regulations of 1986. For more information
on export controls, contact the Reserve Bank of Fiji.

Contact: The Director General, Fiji Islands Customs Service, GPO Box
175, Suva, Telephone: (679) 3302-322, Fax: (679) 3305-138, Website:
[www.frca.org.fj/customs/](http://www.frca.org.fj/customs/)

The Governor, Reserve Bank of Fiji, Private Mail Bag, Suva, Telephone:
(679) 3313-611, Fax: (679) 3301-688, Email: <rbf@reservebank.gov.fj>,
Website: [www.rbf.gov.fj](http://www.rbf.gov.fj/)

**6.11. Standards**

A comprehensive Trade Standards and Quality Control Decree (no. 23)
regulating the safety and quality of goods was gazetted in 1992.
Standards, which include regulations regarding labeling, marking,
packaging, etc., are enforced by the Trade Standards Advisory Council.

Contact: The Minister, Ministry of Commerce, Business Development and
Investment, P.O. Box 2118, Government Buildings, Suva, Telephone: (679)
3305-411, Fax: (679) 3302-617

**6.12. Free-trade zones/warehouses**

There are no free-trade zones in Fiji, but there are tax-free zones and
tax-free factories. See Section 7.1.

**6.13. Membership in free-trade arrangements**

Fiji manufacturers enjoy preferential access under three trade
agreements; the South Pacific Regional Trade and Economic Agreement
(SPARTECA), granting preferential access to Australia and New Zealand;
the ACP-EU Cotonou Convention (previously known as Lome Convention)
between the members of the African/Caribbean/Pacific group and the
European Community; and the Generalized Systems of Preferences (GSP) of
the U.S.

The value of SPARTECA is eroding as Australia and New Zealand\'s tariffs
decline. Also, the price set for the Sugar Protocol of Lome Convention
IV towards the world-market price over time. Under GSP arrangements,
Fiji enjoys preferential access for a range of exports to the United
States. It enjoys similar arrangements with Japan and other
industrialized countries.

**6.14. Customs contact information**

For customs requirements: The Director General, Fiji Islands Customs
Service, P.O. Box 175, Suva, Telephone: (679) 3301-551, fax: (679)
3315-537, Website:
[www.frca.org.fj/customs/](http://www.frca.org.fj/customs/)

For Standards and Quality Control: The Fair Trading Office, Ministry of
Commerce, P.O.Box 2118, Government Buildings, Suva, Telephone:(679)
3305-411, Fax: (679) 3302-617

For quarantine requirements: The Chief Executive, Ministry of
Agriculture, Private Mail Bag, Suva, Telephone: (679) 3384-233, Fax:
(679) 3385-048

For general questions on trade regulations, customs and standards: The
Chief Executive, Fiji Islands Trade and Investment Bureau, P.O.Box 2303,
Government Buildings, Suva, Telephone: (679) 3315-988, Fax: (679)
3301-783, Email: <ftibinfo@ftib.org.fj>, Website: www.ftib.org.fj

**CHAPTER 7**

**INVESTMENT CLIMATE**

**7.1. Openness to Foreign Investment**

Fiji generally welcomes foreign investment. There is little distinction
between the form and conduct of a foreign-owned business and one that is
locally owned. Restrictions and conditions are designed to ensure the
investment is desirable for Fiji\'s development and the use of its
resources. The Fiji Trade and Investment Bureau (FTIB) is responsible
for the promotion, regulation and control of foreign investment in the
interest of national development. FTIB pursues this task in conjunction
with relevant government ministries. Government approval is required for
all foreign investment in Fiji.

The Foreign Investment Act stipulates that the approval process for
investment applications takes no longer than 15 working days. Under the
provisions of the Act, any foreign investor involved in any business
activity in the Fiji Islands must, apply to the Chief Executive for a
Foreign Investment Certificate under Part 2 of the said Act.

In view of the above, all trade, business or enterprise with a
foreign-investment component in its ownership are requested to apply to
the Chief Executive, Fiji Islands Trade and Investment Bureau, for the
issuance of a Foreign-Investment Certificate with the following
information:

1.  Name of company, firm or enterprise;

2.  Description of business activity being carried out by the company,
    firm or enterprise;

3.  Location and address;

4.  Capital structure;

5.  Shareholding structure;

6.  Total investment in fixed assets; and,

7.  Total employment.

Contact: The Chief Executive, Fiji Islands Trade & Investment Bureau,
P.O. Box 2303, Government Buildings, Suva, Telephone: (679) 3315-988,
Fax:(679) 3301-783, email: <ftibinfo@ftib.org.fj>, website:
[www.ftib.org.fj](http://www.ftib.org.fj/)

**DUTY SUSPENSION SCHEME**

The Duty Suspension Scheme(DSS) belongs to the category of Customs
arrangements referred to internationally as \"inward processing\"
arrangements. Inwards processing permits certain goods to be brought
into a Customs' territory and be conditionally relieved from payment of
import duties and taxes, on the basis that such goods are intended for
manufacturing, processing and subsequent exportation.

The DSS is a Government initiative introduced to enable Fiji exporters
to use world-priced inputs to their products to make them more
competitive. In addition, it is envisaged that the scheme would release
resources tied up with duty and VAT for products for export. The Scheme
is administered by the Exporters Club, which is a private sector led
organization. Interested firms wishing to participate in the scheme must
apply and obtain approval from the Exporters Club by submitting a formal
application form. Contact: The Chief Executive Officer, Exporters Club,
GPO Box 18450, Suva, Telephone: (679) 3318 032/ 3316 344, Fax: (679)
3315 575, Email: <exportersclub@connect.com.fj>

**7.2. Right To Private Ownership and Establishment**

Foreign investors are discouraged from acquiring controlling interest
in, or taking over established, locally-owned enterprises in Fiji.
However, permission may be given for the acquisition of a controlling
interest or takeover if it is in the national interest.

Foreign investors usually operate through a branch or a local subsidiary
in Fiji. Formation of both public and private companies are possible,
the process taking about two weeks. Costs are nominal. The South Pacific
Stock Exchange and authorized banks in Fiji are allowed to approve
investment by non-resident individuals and businesses in public listed
companies and in fixed deposit accounts, for amounts up to F\$2.0
million (US\$1.3 million) per investor, per annum. A public company must
have a minimum of seven shareholders, with no maximum; a private company
must have a minimum of two shareholders and a maximum of 50. There are
no nationality or residence restrictions on shareholders, but
applications for the issue of new or additional shares or capital should
be submitted to the FTIB for processing before share certificates may be
issued to nonresidents.

Local borrowing by nonresidents without prior RBF consent, is permitted
up to the following specified limits

-   New & existing non-resident, controlled, business entities: up to
    F\$10.0 million (US\$5.6million).

-   Non-resident individuals: up to F\$0.5 million (US\$282,000)
    provided the debt to equity ratio is within 3:1.

(US\$1 equals FJ\$1.769 as at 1 July 2004) This requirement is designed
to ensure that foreign investors are prepared to hold a significant
proportion of their investment in equity funds. The gearing ratio is
also used as a guideline for any borrowing from local finance
institutions, although some of these have more stringent guidelines. All
businesses, whether resident or nonresident, are free to compete locally
for market access to domestic business, supplies and licenses for
operations.

**7.3. Protection of Property Rights**

**Intellectual Property**

Provisions are available for the protection of property rights.
Application for the registration of a trademark should be made to the
Administrator General at a cost of F\$5.63 (US\$3.32). Once an
application has been accepted, the applicant must arrange for the
publication of a notice in the Government Gazette and local newspapers.
If there is no objection within three months from the date of
publication, a certificate of registration will be issued for a payment
of F\$13.50 (US\$7.95). The registration is valid for 14 years and may
be renewed. A foreign investor wishing to register a trademark must be
represented by a duly authorized agent resident in Fiji.

In compliance with the Patents Act, every inventor of any manufacture
shall be entitled, under the conditions and restrictions enacted, to the
sole exclusive right of this new invention. A petition for a patent in
duplicate is to be lodged with the Administrator General. Detailed
specifications of the invention must be enclosed. A protection
certificate is issued when the petition is approved.

Fiji copyright laws are based on adherence to international laws and the
Copyright Law of 1999, but these have not been strictly followed in
Fiji, particularly regarding the reproduction of video films, sound
recordings, and computer programs and databases. Fiji's Copyright Laws
are in conformity with World Trade Organization (WTO) Trade Related
Aspects of Intellectual Property provisions.

Contact: Administrator General, Trademarks, Patents, Designs, Copyrights
P.O. Box 2226, Government Buildings, Suva, Telephone: (679) 3312-798,
Fax: (679) 3300662

**Land Rights**

Ethnic Fijians own 83% of the land in communal tenure. This land, which
is reserved for the special use of its owners, may not be leased except
with their consent.

Surplus land not in use may be leased by anyone. Native Lands Trust
Board (NTLB) is the body with whom landowners have entrusted the
management of their land.

The Government controls about 7% of available land and, like NLTB land,
Government (crown) land may not be sold. The availability of crown land
for leasing is usually advertised. This does not, however, preclude
consideration being given to individual applications in cases where land
is required for special purposes.

Freehold land accounts for the remaining 1O% of total land area. Access
and ownership to land that is held freehold tenure is negotiable with
the private owners and estates.

The normal method of conveyance is by lease. Each lease category has
different conditions and terms. The leasing cost comprises yearly rental
payments to the appropriate authority plus the actual lease or premium
cost. Leases may be sold, transferred and varied, but such dealings are
subject to the consent of the NLTB and Lands Department.

Government leases for industrial purposes are normally up to 99 years
and rental reassessed every 10 years. NLTB leases are shorter in term
for land nearer to urban locations and the term is 50-75 year period.
Annual rent is reassessed every 5 years. The maximum rent that can be
levied in both cases is 6% of unimproved capital value. Leases also
usually carry development conditions which require lessees to effect
improvements within a specified time.

Apart from the requirements of the NLTB and Lands Department, town
planning, conservation and other requirements specified by central and
local government authorities affect the use of land covered by leasehold
and regulations.

Contacts: The Chief Executive, Ministry of Lands and Mineral Resources,
P.O. Box 2222, Government Buildings Suva, Telephone: (679) 3211-556,
Fax: (679) 3302-730

General Manager, Native Land Trust Board, P.O. Box 116, Suva, Telephone:
(679) 3312-733, Fax: (679) 3229-696

**7.4. Adequacy Of Laws And Regulations Governing Commercial
Transactions**

Fiji has laws governing all aspects of commercial transactions.

Courts enforce these laws in a fairly transparent and consistent manner.
Legal assistance is available to pursue such cases.

**7.5. Foreign Trade Zones/Free Ports**

There are no foreign trade zones or free ports in Fiji. Tax-free zones
and factories do exist. See subsections 6.13 and 7.1.

**7.6. Major Taxation Issues Affecting U.S. Business**

Income Tax and Value Added Tax (VAT) is levied by the Government of Fiji
under the Income Tax Act of 1974, and VAT Decree 1991 respectively. The
Director General of Inland Revenue Service administers the Act and
Decree.

The major revenue sources of the Fiji Government are Income Tax,
Withholding Tax, Land Sales Tax, Value Added Tax and Gambling Turnover
Tax.

**Income Tax -- Individuals**

The Fiji Government levies income tax on all types of income derived by
taxpayers, except capital gains and income specifically exempt from tax
by statute. Tax is determined by the Fiji Income Tax Act, 1974.
\'Accounting Profit\' is not in itself a determining factor in arriving
at the amount on which tax is imposed. In certain instances, principles
of approximate taxable income may be applied.

The Fiji fiscal year runs from 1 January to 31 December. Companies may
adopt, with the approval of the Director General of the Inland Revenue
Service, a fiscal year other than one that ends on December 31. A
resident of Fiji is subject to income tax on taxable income derived both
within and outside the Fiji Islands. Non-residents are subject to income
tax on taxable income derived only in the Fiji Islands. The rates of tax
levied on individuals differ between residents and non-residents. The
rate of tax payable by companies depends on their registration status.
The class of taxpayers covered by the Fiji Income-Tax Act applies to
companies, individuals and trusts.

Partnerships are not taxed as such, although a partnership income-tax
return must be submitted by such entities. Tax is imposed on each
partner\'s share of the \'net income\' of the partnership determined on
the same bases as the calculation of the \'taxable income\' of an
individual taxpayer.

**Income Tax - Companies**

A company resident in Fiji is liable for income tax on its chargeable
income derived from Fiji or elsewhere. A company is regarded as a
resident of the Fiji Islands if it is incorporated in the Fiji Islands;
or it carried on business in the Fiji Islands and has, either its
practical management and control in the Fiji Islands or its voting power
controlled by shareholders, who are residents of the Fiji Islands. A
company which operates through a branch operation is subject to income
tax on chargeable income derived only from sources within the Fiji
Islands.

Company tax is payable by Fiji Islands resident companies on non-exempt
income derived from all sources. Non-resident companies are required to
pay tax on income sourced in the Fiji Islands. Effective 1 January 2004,
the rate of Fiji income tax on the chargeable income of resident
companies is 32%, and for non-resident companies carrying on business in
Fiji, 42%. 

**Branch Profits Tax**

Where a branch of a foreign company operates in the Fiji Islands, the
profits of the branch are subject to Fiji Island corporate tax at the
following rates: non-resident shipping companies 25%, non-resident
mutual insurance companies (for life insurance income companies, to the
extent their life insurance business is deemed to be mutual) 25%, other
non-resident companies carrying on business in Fiji, 42%.

**Partnerships and Joint Ventures**

The Fiji Income Tax Act requires a partnership or joint venture to
submit an income tax return, but the partnership or the joint venture is
not itself subject to tax on its \'net income.\' The income distributed
to the partners is taxed in accordance with the partnership or
joint-venture agreements relating to sharing of income.

**Value-Added Tax**

VAT is a tax on spending. The tax is borne by the final consumer of
goods and services and is included in the price paid. The tax was
increased from a flat rate of 10% to 12.5% in the 2003 budget, effective
January 2003. It is collected on behalf of the Government by businesses
and organizations registered with the Inland Revenue Service's VAT Unit.
A business or organization, registered for VAT is classified as a
\'registered person,\' required to pay 12.5% VAT on goods and services
received. The registered person includes 12.5% VAT in the price of all
goods and services supplied (called output tax). The registered person
must make regular VAT returns, either paying to, or receiving from,
Inland Revenue Service\'s VAT Unit.

**Land Sales Tax**

Land Sales Tax is currently the only form of \'capital gains\' tax in
the Fiji Islands being levied on profits rising from dealings in
\'undeveloped\' land. If a 'resident' vendor has owned the land for12 or
more years immediately prior to sale, any profit will be exempt.

Land Sales Tax is levied progressively, at rates of up to 30% on profits
in excess of FJ\$9,500 (US\$5,588). The profit on which the tax is
derived is calculated by increasing the original purchase price by
five-percent, compounded interest for each completed year of ownership,
plus any holding costs incurred prior to detailing (e.g., city rates,
etc.).

**Stamp Duty Tax**

Stamp Duty Tax is payable on specified legal documents (e.g., contracts,
share transfers, mortgages etc.), according to rates set out in the
Stamp Duties Act. For the sale of any property other than shares, the
rate is 2%. For the sale of shares, the rate is 0.5% of the purchase
price.

**Gambling Tax**

Gambling Turnover Tax is payable at a rate of 10% of the gross amount
spent by a person for the acceptance of a bet, provision of a ticket,
the stake of money in relation to that bet etc.

Further details on Fiji\'s Tax System may be obtained from accounting
firms (see Appendices) and the Fiji Islands Revenue & Customs Authority.

Contact: The Chief Executive, Fiji Islands Revenue & Customs Authority,
Private Mail Bag, Suva, Telephone: (679) 3312-800, Fax: (679) 3304-936,
Website: [www.frca.org.fj](http://www.frca.org.fj/)

The Chief Executive Officer, Fiji Islands Trade & Investment Bureau,
P.O. Box 2303, Government Buildings, Suva, Telephone: (679) 3315-988,
Fax: (679) 3301-783, Email: <ftibinfo@ftib.org.fj>, Website:
[www.ftib.org.fj](http://www.ftib.org.fj/)

**7.7. Performance Requirements/Incentives**

Government approval is required for all foreign investment in Fiji.
Approvals are granted on the basis that the investment will benefit
Fiji\'s economic development; i.e., provide local employment, enhance
infrastructure, provide opportunities for local equity participation and
use resources locally available. On approval of a project, Government
requires the foreign investor to:

\- contact the Reserve Bank of Fiji regarding the issue of shares and
the transfer of funds;

\- contact the Fiji Islands Customs Service for eligibility of duty
concessions;

\- contact the Department of Immigration for any required work permits;

\- contact the Fiji Inland Revenue Service for concessions granted under
the Income Tax Act;

\- contact other authorities specifically mentioned in the approval.

Most investment incentives are subject to eligibility and will be
automatically available upon submission of returns, as required by the
Fiji Islands Revenue and Customs Authority.

On implementation of the project, the investing firm is required to
ensure that commercial production begins within 12 months of the date of
approval of the project. To support the implementation of newly approved
investments, FTIB has recently established a monitoring system to assist
companies in obtaining necessary approvals to commence operations.

The Ministry of Commerce and Ministry of Foreign Affairs and External
Trade control import and export policy. Commercial import policy
includes consideration of tariff measures, import restrictions, quota
arrangements and other policies designed to assist development of local
industries.

Imports are subject to import duty only, which is levied at various
rates in accordance with the Customs Tariff Act 1986, although, as an
investment incentive, such duties may be waived under certain
conditions. Most goods may be imported without an import license.
However, there are restrictions on the import of a number of products to
protect local industries. The restrictions are absolute for some
products, while others may be imported subject to conditions imposed by
statute or under license from the Ministry of Commerce, Business
Development & Investment, Ministry of Agriculture, Sugar & Land
Resettlement or other relevant departments. Quotas may be placed on
imports of particular products, such as motor vehicles. The Government
has a policy of removing import assistance to industries with the
ultimate aim of zero tariff protection.

Contact: The Chief Executive, Fiji Islands Trade & Investment Bureau,
P.O. Box 2303, Government Buildings, Suva, Telephone: (679) 3315-988,
Fax: (679) 3301-783, Email: <ftibinfo@ftib.org.fj>, Website:
[www.ftib.org.fj](http://www.ftib.org.fj/)

The Chief Executive, Ministry of Commerce, Business Development &
Investment, P.O. Box 2118, Government Buildings, Suva, Telephone: (679)
3305-411, Fax: (679) 3302-617

**7.8. Transparency Of The Regulatory System**

The enactment of the Foreign Investment Act of 1999 establishes
transparent and simple procedures for the registration of foreign
investors to streamline and reduce the time required for foreign
investment approvals. The Foreign Investment Regulations specify clearly
the reserved and restricted activities applying to foreign investors.

**7.9. Corruption**

The Fiji Government has adopted a policy of transparency and vowed to
fight corruption. Nonetheless, there is room for greater transparency,
both in government procurement and in some investigative processes.
Occasionally credible questions regarding misuse of government funds are
made and investigated. Many existing practices and relationships have
been in place for years and need to be changed before true transparency
is achieved. Transparency International is a non-government organization
dedicated to increasing accountability and curbing corruption with
offices in Suva.

The Fiji Government is working with Transparency International to raise
public awareness and educate the public Fiji in matters relating to the
nature and consequences of corruption in business transactions,
including overseas development initiatives. Fiji has enacted
anti-corruption legislation and Standards of Conduct.

Contact: Attorney General & Minister for Justice, P.O. Box 11869,
Government Buildings Suva, Telephone: (679)3308600, Fax: (679) 3303676

Mr. Ikbal Jannif, Transparency International, Fiji Chapter, P.O. Box 8,
Suva, Telephone: (679) 3313-211, Fax: (679) 3301-925

**7.10. Labor**

Fiji has a fairly well educated, English-speaking, labor force, which
is. In 2003, it was estimated that of the 371,400 total labor force,
344,200 persons were in paid employment . Total unemployment was
estimated at 7.3%, compared to 7.6% in 2002. However, many of Fiji\'s
people are underemployed, engaged in subsistence agriculture, or are
part of the large casual labor force.

A high rate of emigration, especially of skilled and technical workers,
followed the 1987 and 2000 coups affecting the size and composition of
the workforce. Short-term measures, such as hiring of expatriate workers
and re-employment of retired workers in the civil service, are being
complemented by long-term personnel development and training strategies.

The Employment Act regulates conditions of employment for all employees,
except specified categories of persons, such as foreign employees of
diplomatic missions, and foreign and local staff employed by
multilateral organizations. The Workmen\'s Compensation Act prescribes
benefits in case of injury, sickness or death arising out of employment.
The Factories Act provides for the health, safety and welfare of factory
employees. The Ministry of Labor and Industrial Relations has
responsibility for the administration of labor laws and for the
encouragement of good labor relations.

Contact: The Chief Executive, Ministry for Labor & Industrial Relations,
P.O. Box 2216, Government Buildings Suva, Telephone: (679) 3309156, Fax:
(679) 3304701, Email: <bsingh@govnet.gov.fj>

**7.11. Efficiency of Capital Markets and Portfolio Investment**

The government considers a developed capital market essential for a
dynamic, private-sector based, export-oriented economy. Other than
encouraging competition, policies aim at providing better quality and a
wide range of financial services. The Suva Stock Exchange is constantly
evolving. Listing rules have been simplified and the Fiji Development
Bank\'s 100% ownership of the exchange has been divested to other
financial institutions.

The Capital Markets Development Authority (CMDA), formed in 1998, is
responsible for the development of capital markets and regulation of
market participants. As a result, a capital market is slowly emerging,
with 15 companies listed on the Suva Stock Exchange, although volume is
light.

The Regulation and Compliance Division is responsible for the regulation
and supervision of the market. This includes licensing and supervising
market intermediaries (such as brokers, dealers, investment advisers and
the Suva Stock Exchange), market surveillance to ensure compliance with
legislation and regulations by licensees and investors, promoting
information disclosure and investigation of complaints.

Contact: Ms Julie Apted, Chief Executive, Capital Markets Development
Authority, P.O. Box 2441, Government Buildings, Suva, Telephone: (679)
3304-944, Fax: (679) 3312-021, Email: <cmda@connect.com.fj>

**7.12. Conversion and Transfer Policies**

The Ministry of Finance controls all remittances into and out of Fiji
through the Reserve Bank of Fiji (RBF), Fiji\'s central bank. The
rationale of exchange control is to maximize and preserve the country\'s
external reserves by having control over all foreign receipts and
payments. All transactions in foreign currency, currency transfers into
and out of Fiji, property and security transfers out of the country, and
export and import transactions are subject to exchange control.

Repatriation of capital introduced from overseas through the local
banking system, or otherwise registered with the RBF, is assured.
Remittance of dividends, profits, interest, royalties, loan repayments,
settlement of trade debts and similar current payments, can be made,
provided tax clearance (where applicable) has been obtained.

**7.13. Expropriation and Compensation**

Section 40 of the 1997 Constitution provides protection and compensation
for foreign investors against expropriation. Also, the Foreign
Investment Act protects foreign investors from expropriation.

Contact: The Chief Executive, Fiji Islands Trade & Investment Bureau,
P.O. Box 2303, Government Buildings Suva, Telephone: (679) 3315-988,
Fax: (679) 3301-783.

The Governor, Reserve Bank of Fiji, Private Mail Bag, Suva, Telephone:
(679) 3313-611, Fax: (679) 3301-688

**7.14. Dispute Settlement, Including Enforcement of Foreign Arbitration
Awards.**

There is no specific policy on investment dispute settlement. However,
the treatment of trade disputes is governed by the Trade Disputes Act.
Under the Act, disputes must be sent to the Chief Executive for Labor
and Industrial Relations, who may undertake conciliation talks himself,
appoint another person to do so on his behalf, or refer the dispute to
an appropriate Minister. In the event conciliation talks fail to resolve
a dispute, it may then, if both parties agree, be referred to
arbitration. The Act also provides for the establishment of
boards-of-inquiry into trade disputes, and prohibits breach of contract
in essential services. The Minister is given extensive powers in
relation to illegal strikes.

There has been no major investment dispute case in Fiji for several
years. However, there have been domestic cases of land disputes among
indigenous landowners with regard to rightful ownership in the logging
and tourism sectors. Numerous labor disputes have occurred in a number
of industries, but most of these have been resolved through
labor-management dialogue, government intervention, or referral to
compulsory arbitration.

**7.15. Political Violence (As It May Affect Investments)**

Fiji has had three coups in 17 years. The last coup, in 2000, was
particularly violent with damage and takeover of properties by rebel
groups, including several tourist resorts owned by Americans. Hydropower
installations were taken over by landowners, and there was widespread
looting and burning. With the appointment of an expatriate Police
Commissioner (from Australia) and the joint efforts of the Police and
judiciary, stability was restored.

**7.16. Bilateral Investment Agreements**

Fiji is not a party to any bilateral investment protection agreement,
but is party to three trade agreements, namely SPARTECA, Contonou and
GSP. Under the South Pacific Regional Trade and Economic Cooperation
Agreement (SPARTECA), Fiji has duty-free and unrestricted access to the
markets of Australia and New Zealand for its exports, subject to certain
exceptions and limitations. Fiji also enjoys a similar facility with the
European Union (EU) under the Contonou Agreement. A major aspect of this
agreement (previously known as the Lome Convention is the purchase by
the EU of Fiji sugar at guaranteed prices. As guarantees under Contonou
expire, to be replaced by World Trade Organization (WTO) free-trade
policies, the sugar industry will need to adjust to world market
competition. Under various versions of the Generalized System of
Preferences (GSP), Fiji receives preferential treatment for exports to
the United States, Japan, and other industrialized nations. Fiji is a
member of WTO.

Contact: The Chief Executive Ministry of Foreign Affairs and External
Trade, P.O. Box 2220, Government Buildings, Suva, Telephone: (679)
3211-724, Fax: (679) 3301-741, Website: www.foreignaffairs.gov.fj

**7.17. OPIC and Other Investment Insurance Programs**

The U.S. Overseas Private Investment Corporation (OPIC) and the
Australian Export Finance and Insurance Corporation (EFIC) provides
investment insurance in Fiji for qualified applicants. OPIC\'s insurance
program has not been significantly utilized. The risks of currency
convertibility and expropriation are safeguarded under Fiji\'s
foreign-exchange regulations. Insurance against certain political risks
is recommended. Fiji is not a member of the Multilateral Investment
Guarantee Agency (MIGA). OPIC provides not only political risk
insurance, but loans for qualified projects. Contact: Mr. Carl
Reinhardt, Director, Investment Development and Economic Growth, OPIC,
1100 New York Ave. NW, Washington, DC 20527 - Telephone (202) 336-8491,
Fax (202) 408-5155, Website: [www.opic.gov](http://www.opic.gov/)

**7.18. Capital Outflow Policy**

Exchange-control regulations apply to the buying and selling of foreign
currency in Fiji and assist authorities in the regulating and monitoring
of capital inflows and outflows. Exchange control is administered under
the Exchange Control Act by the Reserve Bank of Fiji on behalf of the
Minister of Finance, under Section 48 of the Reserve Bank of Fiji Act.

Some transactions still require Exchange Control approval for the
remittance of funds overseas. In such cases, customers may lodge
applications through their Commercial Banks or professional
institutions, or directly with the Exchange Control Unit. Exchange
Control policy formulation is influenced by Reserve Bank of Fiji
monetary policy and its membership in the International Monetary Fund
and the World Trade Organization.

Foreign investors may repatriate all funds brought into Fiji and
recorded with the Reserve Bank of Fiji, plus any income earned from
business operations. Business entities may remit operating and capital
profits, plus retained earnings to shareholders overseas. Colonial
National Bank, Westpac Banking Corporation, ANZ Bank, Bank of Baroda,
and Habib Bank may approve profit remittance by companies up to
F\$150,000 (US\$84,750) per company, per annum.

There are no restrictions on the remittance of profits and retained
earnings, including investment capital and capital gains, for all
business entities with non-resident shareholders. Under the existing
guidelines, commercial banks may authorize remittances up to F\$150,000
(US\$84,750) per company, per annum, without prior reference to the
Reserve Bank of Fiji. The amount to be remitted must be covered by a tax
clearance certificate from the Inland Revenue Department. Payments in
excess of F\$150,000 must be referred to RBF for approval. In the case
of profit payment and/or retained earnings exceeding F\$100,000
(US\$58,800), the application must be accompanied by a tax-clearance
certificate and a copy of the company Directors' resolution approving
any dividend payment. For amounts above F\$500,000 (US\$294,100), the
latest audited accounts of the business entity and valuation by a
locally registered chartered accountant/valuer must also be submitted.

Contact: The Governor, Reserve Bank of Fiji, Private Mail Bag, Suva,
Telephone: (679) 3313-611, Fax: (679) 3301-688, Email:
<rbf@reservebank.gov.fj>, Website:
[www.rbf.gov.fj](http://www.rbf.gov.fj/)

**CHAPTER 8**

**TRADE AND PROJECT FINANCING**

**8.1. Description of the Banking System**

Fiji has a developed banking system controlled by the Fiji Government
through the Reserve Bank of Fiji. The Reserve Bank regulates the Fijian
monetary and banking system, manages note issues, administers exchange
controls, and provides banking and other services to government. It
provides and regulates trading-bank liquidity in the government's
monetary policy. In addition to managing the credit environment, the RBF
has responsibility for foreign-exchange controls and management of
Fiji\'s international reserves position. 

Exchange controls have been gradually relaxed over time, and a
forward-exchange cover facility provides exchange-rate risk hedging
opportunities for all imports and exports.  Interest rates were
deregulated in 1987.  The RBF\'s other supervisory responsibilities
include traditional regulatory functions.

There are five commercial banks with established operations in Fiji.
There are non-bank financial institutions providing financial assistance
and borrowing facilities to the commercial community and to consumers.
These institutions are the Fiji Development Bank, Fiji National
Provident Fund, Housing Authority, Credit Corporation, Merchant Bank of
Fiji and Insurance Companies.

-   The Australian and New Zealand Banking Group Limited (ANZ), P.O. Box
    179, Suva, Telephone: (679) 3213-000, Fax: (679) 3305-080

-   Bank of Baroda, P.O. Box 47, Suva, Telephone: (679) 3311-402,
    Fax: (679) 3302-510

-   Colonial National Bank, Private Mail Bag, Suva, Telephone: (679)
    3314-400, Fax: (679) 3303-448

-   Habib Bank Limited, P.O. Box 108, Suva, Telephone: (679) 3304-011,
    Fax: (679) 3304-835

-   Westpac Banking Corporation, P.O.Box 238, Suva, Telephone: (679)
    3217-601Fax: (679) 3300-718

-   Credit Corporation, Credit House, Gordon Street, Suva,
    Telephone: (679) 3305-744, Fax: (679) 3305-747

-   Fiji Development Bank, 369 Victoria Parade, Suva, Telephone: (679)
    3314-866, Fax: (679) 3314-886

-   Merchant Bank of Fiji, Level 1, 51 Gordon Street, Suva,
    Telephone: (679) 3314-955, Fax: (679) 3300-026

Services provided by the banks include: lending, overdraft facilities,
full-drawn advances, housing loans, leasing finance, personal loans,
bankers opinion, credit card facilities, money transfer/remittances,
trade finance, trade enquiries, letters of credit, documentary
collections, travellers checks, foreign-currency accounts, forward
exchange (restricted to trade) and foreign-currency loans (residential
and trade).

The total assets of commercial banks and credit institutions in December
2003 totaled F\$2.686 billion (US\$1.58 billion).  A foreign currency
exposure policy, introduced in 1997, places limits on banks' net,
foreign, open positions, and gross forward, foreign-exchange, sales
contracts, in relation to an individual bank\'s level of capital in
Fiji. 

####### 

####### **8.2. Foreign Exchange Controls Affecting Trade**

**Exchange Control**

Exchange control is administered by the Reserve Bank of Fiji through the
Exchange Control Act and its subsidiary legislation. With the increased
level of foreign reserves in recent years, exchange controls have been
relaxed. The following areas are affected by exchange control:

\- transactions in foreign currency;

\- transfer of currency into and out of Fiji;

\- transfer of property and securities out of Fiji;

\- export and import transactions.

Investments from outside Fiji, overseas equity, loan investment into
Fiji and the flow of funds arising from commercial and private
transactions into and out of Fiji are subject to control.

All commercial banks operating in Fiji, along with other non-bank
financial institutions, act as agents of the Reserve Bank in matters
affected by the Exchange Control Act. Limited authority has been
delegated to the commercial banks. Currently commercial banks have the
authority to make the following payments outside Fiji.

+-----------------------------------+-----------------------------------+
| **Form of payment**               | **Amount**                        |
+-----------------------------------+-----------------------------------+
| Subscription to clubs/ regional & | Full amount                       |
| international organizations       |                                   |
+-----------------------------------+-----------------------------------+
| Subscriptions for magazines       | Full amount                       |
| (yearly) and purchase             |                                   |
+-----------------------------------+-----------------------------------+
| Pensions                          | Full amount                       |
+-----------------------------------+-----------------------------------+
| Commission and brokerage fees     | Full amount \< F\$10,000          |
|                                   | (US\$5,880)                       |
+-----------------------------------+-----------------------------------+
| Alimony and payments under court  | Full amount                       |
| Order                             |                                   |
+-----------------------------------+-----------------------------------+
| Tax Refunds                       | Full amount                       |
+-----------------------------------+-----------------------------------+
| Refund of hotel bookings          | Full amount                       |
+-----------------------------------+-----------------------------------+
|                                   |                                   |
+-----------------------------------+-----------------------------------+
| Maintenance                       | F\$10,000 per applicant/          |
|                                   | beneficiary per annum             |
+-----------------------------------+-----------------------------------+
| Education                         | Full amount if payment is made    |
|                                   | directly to the institution       |
+-----------------------------------+-----------------------------------+
| Interest on off-shore accounts    | Full amount                       |
| and approved off-shore loans      |                                   |
+-----------------------------------+-----------------------------------+
| Credit Card Payments              | Full amount                       |
+-----------------------------------+-----------------------------------+
| Advance payments for imports      | Up to F\$1.0 million              |
|                                   | (US\$588,000) per invoice         |
|                                   | (conditional that goods will      |
|                                   | arrive in Fiji within 90 days     |
|                                   | from the date of payment)         |
+-----------------------------------+-----------------------------------+
| Travel                            | -   F\$5,000 (US\$2,940) per      |
|                                   |     application per trip for      |
|                                   |     one-way ticket holders from   |
|                                   |     Fiji                          |
|                                   |                                   |
|                                   | -   F\$20,000 (US\$11,760) per    |
|                                   |     traveler, per trip, for       |
|                                   |     return ticket holders to Fiji |
+-----------------------------------+-----------------------------------+
| Wages paid in foreign currency    | Full amount                       |
| cash to foreign crew members      |                                   |
+-----------------------------------+-----------------------------------+
| Advertising fees                  | Full amount                       |
+-----------------------------------+-----------------------------------+
| Movie/film hire charges           | Full amount                       |
+-----------------------------------+-----------------------------------+
| News Services charges             | Full amount                       |
+-----------------------------------+-----------------------------------+
| Medical                           | Full amount if made directly to   |
|                                   | the medical fac.                  |
+-----------------------------------+-----------------------------------+
| FNPF (Fiji National Provident     | Full amount                       |
| fund) proceeds (Deposits into     |                                   |
| expatriate F\$ external account   |                                   |
+-----------------------------------+-----------------------------------+
| Visa Application fees             | Full amount                       |
+-----------------------------------+-----------------------------------+
| Local Borrowing & Guarantees      | -   Up to F\$500,000              |
|                                   |     (US\$294,000) per             |
|                                   |     non-resident borrower,        |
|                                   |     subject to meeting the 3:1    |
|                                   |     debt/equity guideline         |
|                                   |                                   |
|                                   | -   Up to F\$10 million (US\$5.8  |
|                                   |     million) in total borrowing,  |
|                                   |     per business entity           |
+-----------------------------------+-----------------------------------+

**Foreign Investors**

The Reserve Bank distinguishes between residents and non-residents of
Fiji for both individuals and business entities. It determines
residential status of a business in terms of local and non-resident
shareholding. In a 50/50% non-resident/resident shareholding, the
Reserve Bank considers the Board Room and Management Control of the
business to determine its residential status.

In the case of individuals, the Reserve Bank regards foreign nationals
residing in Fiji for more than three years as residents of Fiji. Foreign
nationals residing in Fiji for less than three years, or those who
attend full-time courses of study, irrespective of their length of stay,
are classified as non-residents.

Fiji residents temporarily residing outside Fiji, unless they have
applied for emigration treatment with the Reserve Bank, are regarded as
residents of Fiji.

Non-resident individuals and businesses may maintain a Fiji-Dollar
External account or foreign-currency account, or both, with authorized
banks, at the discretion of authorized banks.

Where shares and other securities in businesses operating in Fiji are to
be issued or transferred to a non-resident, the Reserve Bank has
delegated to the Fiji Islands Trade and Investment Bureau the authority
to process applications relating to the issue and transfer of shares and
settlement offshore of the sale of shares between non-resident parties.

In the case of shares transfers, a valuation of shares is required from
a Fiji-registered Chartered Accountant. When shares are issued to
non-residents in a business, consideration for equity in the form of
cash must be provided from external sources and the bankers'
confirmation for the receipt of funds in Fiji must be provided to the
Fiji Islands Trade and Investment Bureau.

### **8.3. General Availability of Financing**

### 

### Financial packages available to business enterprises are as follows: 

\-- Short-term working capital.

This is bank lending to businesses on an overdraft basis, mainly for
short-term, working-capital purposes. Interest is payable on daily
balances. Trading banks commonly require that the advance be fully drawn
and repaid according to an agreed schedule.

\-- Fixed-term loans from banks

Commercial banks also make fixed-term loans for capital expenditure and
equity participation. Normal establishment fees and loan service fees
apply and a commitment fee is usually charged on any undrawn balance
from the date of approval to final drawdown of the loan. Interest is
charged on a reducing-balance basis, monthly, quarterly, half-yearly and
annually and is typically slightly higher than those on overdrafts.
Generally, loans are for not less than three years and range from 3 to 7
years, but some banks may permit up to 15 years. Depending on the type
of product, interest rates range from 9% to 11%. Banks offer competitive
rates, and if the project looks lucrative, interest rates may be as low
as 7%. Each project is dealt with on a case-by-case basis.

\-- Trade finance

Commercial banks offer bill (draft) lines, whereby the bank agrees to
open a customer bill-of-exchange up to an agreed amount, and then,
either hold, or discount, the bill itself, or allow the customer to make
his own arrangements for sale. These lines can be established for
short-term working capital or by periodically renewing the bill for
longer term financial purposes, similar to a line of credit.

### 

### **8.4. How to Finance Exports/Methods of Payment**

*The Export Credit Finance Facility has been introduced by the Reserve
Bank to assist exporters in obtaining credit at concessional rates to
improve international competitiveness and ensure the availability of
credit to the export sector. The scheme is provided through commercial
banks with no recourse to the RBF, which only provides back-to-back
financing. Currently the maximum rate is 6% p.a. This facility also
includes financing for the construction of up-market hotels.*

All producer-exporters, exporting to any destination, qualify to apply,
provided they satisfy value-added rules. Producers of certain
traditional exports including sugar, molasses, gold and rough,
unprocessed, sawn timber are not eligible for export finance facilities.

Commercial banks offer short-term loans against security of land or
property. Insurance companies and the Fiji National Provident Fund also
engage in lending over longer terms, but only on the basis of
first-class security, usually in the form of real estate. Currently,
leasing of capital equipment is available through the Merchant Bank of
Fiji, Credit Corporation and Fiji Development Bank. Generally the
interest rate is higher as the loans are higher risk.

There are services designed to help finance a company's working capital
requirements. Offered by the National MBF Finance (Fiji) Ltd., it
provides cash-flow relief, sales and ledger maintenance, credit
management and collection services. The Fiji Development Bank (FDB)
provides development finance in the areas of Agriculture, Industry and
Commerce. Agriculture lending terms range from 3 to 15 years. Commercial
lending tenure varies depending on type of project. The maximum loan
available from the FDB for industrial and commercial purposes is 65% of
the project cost.

For further details, please contact the commercial bank of interest or
the Reserve Bank of Fiji.

**8.5. Availability of Project Financing**

Official lending institutions, including commercial banks have delegated
authority to lend without the prior approval of the Reserve Bank for the
following amounts. Amounts available under the delegated authority of
commercial banks must represent the total borrowing of the individual or
business, and must be confirmed to the approved limits. New,
non-resident controlled companies can borrow up to F\$10.0 million
(US\$5.88 million) for any period of time. Non-resident individuals can
borrow up to F\$500,000 (US\$294,000), provided that the debt-to-equity
ratio is within 3:1. Lending institutions are also delegated authority
to provide Bridging Finance, mainly for real estate purchases in Fiji,
up to a limit of F\$10.0 million for non-resident controlled companies,
and up to F\$500,000 for non-resident individuals.

Lenders in Fiji require the approval of the Reserve Bank to lend to
non-resident individuals/controlled businesses amounts over and above
the delegated limits to commercial banks and other official lending
institutions.

Multilateral banks such as the Asian Development Bank (ADB), World Bank,
and some bilateral institutions offer loans for specific projects.

### 

### **8.6. List Of Banks with Corresponding U.S. Banking Arrangements**

Australia and New Zealand Banking Group Limited (ANZ) - with Citibank,
New York, for drafts; ANZ Bank, New York, for Outward Telegraph
Transfers; and Bank of America, San Francisco, for Negotiation of
Checks.

Bank of Baroda - with Bank of New York, 101 Barclay St, Manhattan, New
York, NY 10286, for drafts and checks; and Bank of Baroda New York, 1
Park Ave, New York, NY 10916, for Outward Telegraphic Transfers.

Colonial National Bank - with Fleetbank, 1133 Avenue of the Americas,
New York, NY 10036.

Westpac Banking Corporation - with Chase Manhattan, New York Plaza,
Floor 15, New York, NY 10004.

Habib Bank Limited - with Habib Bank Limited, 44 Wall Street, New York,
NY 10005.

For information on Chapter 8 contact: The Governor, Reserve Bank of
Fiji, Private Mail Bag, Suva, Telephone: (679) 3313-611, Fax: (679)
3301-688, Email: <rbf@reservebank.gov.fj>, Website:
[www.rbf.gov.fj](http://www.rbf.gov.fj/)

**CHAPTER 9**

**BUSINESS TRAVEL**

**9.1. Business Customs**

American business travelers to Fiji should not encounter unexpected
difficulties. Visitors should make preparations as they would when
traveling in the U.S., using normal reservation services for travel and
accommodation, plus taking into account the requirement to have a valid
Fiji visa (obtainable upon arrival).

Fiji is at the crossroads of the South Pacific, central among the
Pacific Island nations, and a mid-stop for some flights between
Australia and New Zealand to Europe and America. More than 85
international flights land in Fiji each week.

Fiji has its own national carrier, Air Pacific, which flies to the
Pacific Island nations as well as New Zealand, Australia, Japan and the
United States. Other airlines servicing Fiji are Air New Zealand,
Polynesian Airlines, Air Nauru, Air Marshall Islands, Solomon Airlines,
Air Caledonia, Korean Airlines, Qantas, and Virgin Blue.

Airlines operating from Fiji to the U.S. are Qantas/ American Airlines
/Air Pacific, which have a shared service operated by Air Pacific,
operating six times a week. Air New Zealand/United Airlines code share
services three times a week.

Fiji has two international airports, both on Viti Levu, the largest
island. Most overseas flights arrive at Nadi on the west coast of Viti
Levu. The other international airport is on the eastern side at Nausori,
outside the capital of Suva.

There are no local customs, beyond the bounds of normal courtesy, which
visitors should feel compelled to observe. Business in Fiji tends to be
conducted in a less formal manner than in other countries. The use of
first names is common.

It is advisable to reconfirm business appointments and meeting
arrangements. However, U.S. business people should not be disappointed
when kept waiting beyond scheduled times. Business meetings are
generally informal. Ties are suitable, but optional. Very casual attire
should be avoided. Evening functions are normally informal (Bula/Aloha
shirts, or shirt and tie), unless otherwise specified.

Fiji adopts a strict approach toward Sunday religious observance. Most
retail business are closed on Sunday, but basic services are available.
There are Hindus and Muslims in the population who have special
religious observances regarding food and drink.

Fiji uses the metric system of weights and measures. Dates are written
in the order: day, month, year: 19 July 2004 or 19/07/04. In writing
numbers, commas denote thousands and periods denote fractions as
follows: \$1,000.50, as in the U.S.

**9.2. Travel Advisory and Visas**

A passport valid for at least three months beyond the intended period of
stay and a ticket for return or onward travel are required. Entry visas
are granted on arrival for a stay of four months for U.S. nationals.
Visas may be extended for up to six months on application to the
Department of Immigration in Suva, Lautoka or Nadi. It is necessary to
have an onward or return ticket and sufficient funds to cover costs.
Those wishing to reside and work in Fiji, even on a temporary basis,
require proper authority to do so before arrival. In most cases,
prospective employers will make necessary arrangements to sponsor such
people. Fiji is known as one of the friendliest places in the world, but
visitors who intend to reside or work must make certain they have
satisfied immigration requirements.

U.S. business people do not require a visa to visit Fiji. Entry permits
are granted on arrival for designated periods of up to 4 months.
Extended stays require approval from the Fiji Immigration Department.
Employment and study require authorization.

Contact: The Director of Immigration, Department of Immigration, P.O.
Box 2224, Government Buildings, Suva, Telephone: (679) 3312-672, Fax:
(679) 3301-653

**9.3.** **Holidays**

Listed below are national holidays and their approximate dates.

New Year's Day Jan. 1

Good Friday Apr. 9

Easter Saturday Apr. 11

Prophet Mohammed's Birthday May 3

National Youth Day May 7

Ratu Sir Lala Sukuna Day May 31

Queen's Birthday Jun. 14

Fiji Day Oct. 10

Diwali Nov. 12

Christmas Day Dec. 25

Boxing Day Dec. 26

Fiji is 12 hours ahead of Greenwich Mean Time (GMT) and 17 hours ahead
of U.S. Eastern Standard Time (EST). Standard business hours in Fiji are
generally from 8:00 a.m. to 4:30 p.m., Monday to Friday. Most retail
outlets are open five and one-half days a week. Most non-essential
services are closed on Sunday.

**9.4. Business Infrastructure**

**1.** **Language**

Fiji is an English-speaking country although Fijian and Hindustani are
widely spoken.

**2.** **Education**

The government runs primary and secondary education, although there is
limited, non-government schooling available. The educational system is
based on the New Zealand curriculum. Post-secondary education is
available at the University of the South Pacific, the Fiji School of
Medicine, and the Fiji School of Agriculture.

**3.** **Currency**

Fiji issues its own currency. The Fiji dollar is the basic unit of
currency in paper denominations of \$2, \$5, \$10, \$20, \$50. Coins 1c,
2c, 5c, 10c, 20c, 50c and \$1. There is no limit on the amount of money
that can be brought into Fiji. Travelers checks are widely accepted.

**4.** **Credit Cards**

Most hotels, restaurants, shops, rental car agencies, tours, cruises and
travel agents welcome major credit cards. American Express, Diners Club,
Visa, JCB International and MasterCard, are represented in Suva.
American Express and VISA can replace lost credit cards and travelers
checks. Smaller shops and handicraft/food stalls require cash.

**5.** **Transportation**

Fiji's domestic airlines are: Air Fiji, Sun Air, Turtle Airways and Air
Wakaya for interisland travel. around the islands. Inter-island fares
are reasonable, but have the travel agent check before departure for any
bargains currently available. Special offers, such as air passes and
lower rates, usually must be purchased before arrival in country.

Visitors to Fiji may drive on a valid driver\'s license from their home
country for the same class of vehicle, or an international driver\'s
license. Driving is on the left side of the road. The national speed
limit is 80 kilometers per hour (48 mph).

**6.** **Electrical Power**

The electrical current in Fiji is 240 volts, AC, 50 Hz. Fiji uses
three-pin power outlets, identical to Australia and New Zealand. Leading
hotels and resorts offer universal outlets for 240v or 110v shavers,
hair dryers, etc.

**7.** **Health**

Fiji is free from malaria, yellow fever, and most tropical diseases
endemic to many tropical countries. Although rare, dengue fever has been
reported in the Suva area. Fiji has an effective medical system,
although local people still believe in the efficacy of age-old herbal
remedies. Fresh water reticulated in Suva, Lautoka and the other major
towns has been treated and is safe to drink from the tap.

**8.** **Food and Drink**

Fiji features four main styles of cuisine; Continental, spicy Indian,
native Fijian and Asian, which includes Chinese, Korean and Japanese.
Each of the above has many variations. Fijian, Indian and Chinese food
are a part of everyday life and reflect the cultural and ethnic
background of the people of the Fiji Islands. All these cuisines are
available in local restaurants.

9.  **Living Standards**

Compared with many other developing countries, Fijian living standards
are high especially in urban areas.

U.S. Business Travelers are encouraged to obtain a copy of the "Key
Officers of Foreign Service Posts: Guide for Business Representatives"
available for sale by the Superintendent of Documents, U.S. Government
Printing Office, Washington, D.C. 20402; Telephone: (202) 512-1800, Fax:
(202) 512-2250.

Business Travelers to Fiji seeking appointments with U.S. Embassy, Suva,
officials should contact the Commercial Section in advance. The
Commercial Section can be reached by:

Telephone: (679) 3314-466, Fax: (679) 3308-685 or email:
usembsuva@connect.com.fj.

CHAPTER 10

**ECONOMIC AND TRADE STATISTICS**

######### **APPENDIX A: COUNTRY DATA**

Population: 818,000(2001 est.)

825,000 (2000 est.)

Population Growth Rate: 1.11 (1998)

1.2 (1999)

Religion(s): Christian, Hindu, and Islam are the three main religions.
Many other religious groups are present.

Government System: Annexed by Great Britain in 1874. Became independent
with the Commonwealth in 1970, declared a republic in 1987, rejoined the
Commonwealth in 1997. In 1987 a military regime was installed after two
coups. Fiji returned to elected government in 1992. That government fell
in November 1993. In 1995, the then government initiated a mandated
review of the Fiji Constitution, resulting in the signing into law of a
new constitution, which came into effect in 1997. Elections were held
under the new Constitution in May 1999, resulting in a new government,
which in 2000 was replaced after an aborted third coup. Fiji is now a
republic with a two-tiered parliament. Heads of state and government are
appointed.

Languages: Fijian, English, Hindustani, Chinese, Urdu

######### 

######### **APPENDIX B: DOMESTIC ECONOMY**

**2002 2003**

GDP at current factor cost (millions): F\$3,969.3(p) F\$4,396.3(e)

US\$2,263.3 US\$2,505.9

Annual Growth Rate of GDP: 4.1% 5.0%

GDP per head of population F\$4,193.3(p) F\$4,552.4(e)

US\$2,390.2 US\$2,594.9

INFLATION: Annual Average Rate of Inflation:

1.6% 4.2%

[]{.mark}

UNEMPLOYMENT 2003: 7.3%

U.S. ECONOMIC MILITARY/ECONOMIC ASSISTANCE: For financial year 1999 U.S.
provided US\$500,000 for Enhanced International Peacekeeping Initiative
(EIPI).

######### 

######### **APPENDIX C: TRADE**

> **2002 2003**

TOTAL COUNTRY EXPORTS: F\$1,194.8 F\$1,273.1

(Millions) US\$681.0 US\$725.7

TOTAL COUNTRY IMPORTS: F\$1,953.2 F\$2,214.6

(Millions) US\$1,113.3 US\$1,262.3

EXPORTS TO U.S.: F\$232.6 F\$230.3

(Millions) US\$132.6 US\$131.3

IMPORTS FROM U.S.: F\$79.5 F\$80.6

(Millions) US\$45.3 US\$45.9

**CHAPTER 11.**

**U.S. AND COUNTRY CONTACTS**

**APPENDIX D: U.S. AND COUNTRY CONTACTS:**

[**U.S. EMBASSY TRADE-RELATED CONTACTS**:\
]{.underline}

The Embassy of the United States of America, Contacts: Heidi Hanneman,
Commercial Attaché; Nirmal Singh, Commercial & Public Affairs
Specialist; Repeka Ufiamorat, Commercial Assistant, 31 Loftus Street or
P.O. Box 218, Suva, Fiji, Telephone: (679) 3314-466, Fax: (679)
3308-685, email: usembsuva@connect.com.fj, Website:
[www.amembassy-fiji.gov](http://www.amembassy-fiji.gov/)

U.S. Department of State Office of Business Affairs, Telephone: (202)
746-1625,

Fax: (202) 647-3953

U.S. Department Of Agriculture, Foreign Agricultural Service, Trade
Assistance and Promotion Office, Telephone: (202) 720-7420

Overseas Private Investment Corporation, Telephone: (202) 336-8799

Fiji Trade Commission, 5777 W. Century Blvd., Suite 205, Los Angeles, CA
90045,

Telephone: (310) 645-2136, Fax: (310) 645-0851

Individual U.S. State and Department offices, check in local listings.

[**COUNTRY TRADE OR INDUSTRY ASSOCIATIONS IN KEY SECTORS**:]{.underline}

Fiji Chamber of Commerce and Industry, Mr. Taito Waradi, President, GPO
Box 1264, Suva; Telephone: (679) 338-5921; Fax: (679) 337-0150; email:
wim@connect.com.fj

Suva Chamber of Commerce and Industry, Contact Dr. Nur Bano Ali,
President, P.O. Box 2475, Government Building, Suva; Telephone: (679)
331-4044; Fax: (679) 330-2188; email: Dr_nurali@gdofiji.com.fj

Fiji Grocers Association, Contact: Mr. Sarvendra Dayal, President, P.O.
Box 10139, Suva; Telephone: (679) 3391-155; Fax: (679) 334-0059;
email:sdayal@connect.com.fj

Fiji Manufacturers Association, Contact: (Vacant), Secretariat, 49
Gladstone Rd., Suva; Telephone: (679) 330-1432; Fax: (679) 330-1432;
email: fma@connect.com.fj;

Fiji Retailers Association, Contact: Mr. Himmat Lodhia, President, P.O.
Box 598, Suva; Telephone: (679) 330-3366 or 331-3788; Fax: (679)
330-2434; email: <lords@connect.com.fj>

Pacific Islands Financial Markets Association, Contact: Mr. Suresh Ram,
Interim Secretary, c/ Capital Markets Development Authority, P.O. Box
2441, Govt Bldgs, Suva;

Telephone: (679) 330-4944; Fax: (679) 331-2021, Email:
cmda@connect.com.fj

**[COUNTRY GOVERNMENT OFFICES RELATING TO KEY SECTORS]{.underline}**

##### 

## **Prime Minister & Minister for Fijian Affairs, Culture & Heritage, National Reconciliation & Unity, ALTA & Sugar Industry Reform, Multi-Ethnic Affairs**

## Honorable Laisenia Qarase 

## 4 th Floor - New Wing, Government Buildings

## Gladstone Road, Suva

## Telephone: (679)321-1201, Fax: (679)330-7806

*Chief Executive Officer: Jioji Kotobalavu*

###### 

###### **Office of the Prime Minister**

Honorable Marieta Rigamoto, Assistant Minister

P.O. Box 2353, Government Buildings, Suva

*Telephone*: *(679)321-1596, Fax: (679)331-5751*

**Policy Advisory Services**

Mr Malakai Tadulala - Secretary

P.O.Box 2353, Government Buildings, Suva

### Telephone: (679)3211-701, Fax: (679)3315-751

###### 

###### **Ministry of Fijian Affairs, Culture & Heritage (& PM)**

Honorable Laisenia Qarase -- Minister

P.O. Box 2100, Government Buildings, Suva

Telephone: (679)331-3400, Fax: (679)331-3035

### Chief Executive Officer: Ratu Meli Bainimarama

##### 

##### **Ministry of Agriculture, Sugar & Land Resettlement**

Honorable Jonetani Galuinadi -- Minister

Private Mail Bag, Raiwaqa

Telephone: (679)338-4233, Fax: (679)338-5048

Chief Executive Officer: Mr Luke Ratuvuki

### 

###### **Ministry of Foreign Affairs & External Trade**

####### Honorable Kaliopate Tavola - Minister

####### P.O. Box 2220, Government Buildings, Suva

####### Telephone: (679)330-9628, Fax: (679)330-1741

### Chief Executive Officer: Mr Isikeki Mataitoga

### 

### **Ministry of Information, Communications & Media Relations** 

Honourable Simione Kaitani - Minister

P.O. Box 2225, Government Buildings, Suva

Telephone: (679)321-1368, Fax: (679)330-5139

###### Chief Executive Officer: Mrs Emi Rabukawaqa

##### 

##### **Ministry of Home Affairs & Immigration**

Honorable Joketani Cokanasiga -- Minister

P.O. Box 2349, Government Buildings, Suva

Telephone: (679)321-1401, Fax: (679)330-0346

###### *Acting* Chief Executive Officer : Mr Lesi Korovavala

###### 

###### **Ministry of Commerce, Business Development & Investment**

Honorable Tomasi Vuetilovoni -- Minister

P.O. Box 2118, Government Buildings, Suva

Telephone: (679)330-5411, Fax: (679)330-2617

### Chief Executive Officer: Mr Isireli Koyamaibole

### 

### **Ministry of Finance & National Planning**

Honourable Ratu Jone Kubuabola -- Minister

P.O. Box 2212, Government Buildings, Suva

Telephone: (679)330-7011, Fax: (679)330-0834

Chief Executive Officer: Mr Tevita Banuve

##### 

##### **National Planning Office** 

##### Mr Peter Wise -- Deputy Secretary 

P O Box 2351, Government Buildings, Suva

Telephone: (679)331-3411, Fax: (679)330-4809

##### 

##### **Department of Communications**

Mr Josua Turaganivalu -- Deputy Secretary

P.O. Box 2264, Suva

### Telephone: (679)338-4766, Fax: (679)338-6310

**Ministry of Transport & Civil Aviation**

Honorable Josefa Vosanibola - Minister

Private Mail Bag, Suva

Telephone: (679)331-6866, Fax: (679)331-6879

Chief Executive Officer: Mr Vuetasau Buatoka

Director Civil Aviation: Mr Karam Chandra

###### Director Meteorology: Mr Rajendra Prasad

###### 

###### **Ministry of Justice**

####### Honorable Qoroniasi Bale -- Minister

####### G.P.O. Box 11869, Suva

####### Telephone: (679)330-9866, Fax: (679)330-5421 

####### Chief Executive Officer: Mr Sakiusa Rabuka

### Attorney General's Chambers (& Minister for Justice)

Honorable Qoroniasi Bale

P O Box 2213, Government Buildings, Suva

Telephone: (679)330-9866, Fax: (679)330-5421

####### Solicitor General: Mr Nainendra Nand

###### 

###### **Ministry of Tourism** 

Honorable Pita Nacuva -- Minister

P.O. Box 1260, Suva

Telephone: (679)331-2788, Fax: (679)330-2060

###### Chief Executive Officer: Ratu Napolioni Masirewa

**Ministry of Fisheries & Forests**

Honorable Konisi Yabaki - Minister

P.O.Box 2218, Government Buildings, Suva

Telephone: (679)330-1611, Fax: (679)330-8218

Chief Executive Officer: Mr Mitieli Baleivanualala

##### 

##### **Ministry of Works & Energy**

Honorable Savenaca Draunidalo - Minister

Private Mail Bag, Suva

Telephone: (679)338-4111, Fax: (679)338-3198

Chief Executive Officer: Mr Anasa Vocea

###### 

###### **Ministry of Education**

Honorable Teimumu Kepa -- Minister

Private Mail Bag, Government Buildings, Suva

Telephone: (679)331-4477, Fax: (679)330-3511

Chief Executive Officer: Mrs Alumita Taganesia

**Ministry of Health**

Honorable Solomone Naivalu -- Minister

P.O. Box 2223, Government Buildings, Suva

Telephone: (679)330-6177, Fax: (679)330-6163

Chief Executive Officer: Dr Lepani Waqatakirewa

##### 

##### **Ministry of Lands & Mineral Resources**

Honorable Samisoni Tikoinasau -- Minister

P.O. Box 2222, Government Buildings, Suva

Telephone: (679)321-1556, Fax: (679)330-2730

Chief Executive Officer: Mr Niumaia Tabunakawai

**Ministry of Public Enterprises & Public Sector Reform**

Honourable Irami Matairavula - Minister

P.O. Box 2278, Government Buildings, Suva

Telephone: (679)331-5577, Fax: (679)331-5035,

Chief Executive Officer: Mr Parmesh Chand

##### 

##### **Ministry of Multi-Ethnic Affairs**

Honorable Laisenia Qarase -- Minister

G.P.O. Box 18060, Suva

Telephone: (679)331-3744, Fax: (679)330-2926

Chief Executive Officer: Mr Apisalome Tudreu

##### 

##### **Ministry of Labour, Industrial Relations & Productivity**

Honorable Kenneth Zinck -- Minister

P.O. Box 2216, Government Buildings, Suva

Telephone: (679)330-9155, Fax: (679)330-4701

Chief Executive Officer: Vacant

##### 

##### 

##### 

##### **Ministry of** **Local Government, Housing, Squatter Settlement & Environment**

Honorable Mataiasi Ragigia -- Minister

P.O. Box 2131, Government Buildings, Suva

Telephone: (679)330-4307, Fax: (679)330-9578

Chief Executive Officer: Mr Cama Tuiloma

##### 

##### **Ministry of Women, Social Welfare & Poverty Alleviation** 

Honorable Asenaca Caucau -- Minister

P.O. Box 14068, Suva

Telephone: (679)331-2681, Fax: (679)331-2357

Chief Executive Officer: Ms Emele Duituturaga

##### 

##### **Ministry of Youth, Employment Opportunities & Sports**

Honorable Isireli Leweniqila -- Minister

P.O. Box 2448, Government Buildings, Suva

Telephone: (679)331-5960, Fax: (679)330-5348

##### Chief Executive Officer: Mr Poasa Ravea

**[COUNTRY MARKET RESEARCH FIRMS]{.underline}**:

Tebbutt Research Pty Ltd, P.O. Box 16851, Suva, Telephone: (679)
331-5555,

Fax: (679) 331-4444

**[COUNTRY COMMERCIAL BANKS]{.underline}:**

The Australian and New Zealand Banking Group Limited (ANZ), P.O. Box
179, Suva

Tel: (679) 321-3000, Fax: (679) 330-5080

Bank of Baroda, P.O. Box 47, Suva

Tel: (679) 331-1402, Fax: (679) 330-2510

Colonial National Bank, Private Mail Bag, Suva

Tel: (679) 331-4400, Fax: (679) 330-3448

Habib Bank Ltd, 98 Renwick Rd, Suva, P O Box 108, Suva

Tel: 330-4011, Fax: 330-4835, Email: <hblfibas@connect.com.fj>

Westpac Banking Corporation, 73 Gordon St, P O Box 238, Suva

Tel: 321-7601, Fax: 330-0718, Email: <westpacfiji@westpac.com.au>

**[MEDIA]{.underline}:**

Fiji Television Ltd, 20 Gorrie St, P O Box 2442, Govt Bldgs, Suva

Tel: (679) 330-5100, Fax: (679) 330-4630,

Email: <webmaster@fijitv.com.fj>

Fiji Times Ltd, 177 Victoria Paradde, P O Box 1167, Suva

Tel: (679) 330-4111, Fax: (679) 330-1521,

Email: <timesnews@fijitimes.com.fj>

Fiji Daily Post Co Ltd, Greig St, P O Box 2071, Govt Bldgs, Suva

Tel: (679) 331-3342, Fax: (679) 331-3320,

Email: <dailypostfijinews@yahoo.com>

Sun (Fiji) News Ltd, 12 Amra St, Walu Bay, Private Mail Bag, Suva

Tel: (679) 330-7555, Fax: (679) 331-1455, Email: <truth@is.com.fj>

Islands Business International Ltd, 46 Gordon St, P O Box 12718, Suva

Tel: (679) 330-3108, Fax: (679) 330-1423, Email: <editor@ibi.com.fj>

Associated Media, Ellery St, Suva, P O Box 12095, Suva

Tel: (679) 330-5916, Fax: (679) 330-2852, Email: <info@fijilive.com>

The Review Ltd, Ellery St, P O Box 12095, Suva

Tel: (679) 330-0591, Fax: (679) 330-2852, Email: <info@fijilive.com>

Fiji Broadcasting Corp Ltd, 69 Gladstone Rd, P O Box 334, Suva

Tel: (679) 331-4333, Fax: (679) 331-3606,

Email: <newsroom@fbcl.com.fj>

Communications Fiji Ltd, 231 Waimanu Rd, Private Mail Bag, Suva

Tel: (679) 331-4766, Fax: (679) 330-3748, Email: <news@fm96.com.fj>

**[STOCK EXCHANGE:]{.underline}**

South Pacific Stock Exchange Ltd, 33 Ellery St, P O Box 11689, Suva

Tel: (679) 330-4130, Fax: (679) 330-4145, Email: <info@spse.com.fj>

**[CAPITAL MARKETS:]{.underline}**

Capital Markets Development Authority (CMDA), 343 - 359 Victoria Parade,
P O Box 2441, Government Buildings, Suva

Tel: (679) 330-4944, Fax: (679) 331-2021, Email: <cmda@connect.com.fj>

**[TELECOMMUNICATIONS:]{.underline}**

Telecom Fiji Ltd, Scott St, Private Mail Bag, Suva

Tel: (679) 330-4019, Fax: (679) 330-1765, Email: <contact@tfl.com.fj>

Fiji International Telecommunications Ltd (FINTEL), 158 Victoria Parade,
G P O Box 59, Suva

Tel: (679) 331-2933, Fax: (679) 330-0750,

Email: <fintel@connect.com.fj>

Vodafone Fiji Ltd, 62 Gordon St, Private Mail Bag, Suva

Tel: (679) 331-2000, Fax: (679) 331-2007,

Email: <info@vodafone.com.fj>

Connect, 10 Thomson St, G P O Box 13779, Suva

Tel: (679) 330-0100, Fax: (679) 330-7237

Email: <info@connect.com.fj>

**[LEGAL:]{.underline}**

 

Fiji Law Society, 100 Gordon St, P O Box 2389, Governement Buildings,
Suva

Tel: (679) 331-5690, Fax: (679) 331-4334, Email: <fls@connect.com.fj>

**[CHARTERED ACCOUNTANTS:]{.underline}**

 

Fiji Institute of Accountants ,3 Berry Rd, P O Box 681, Suva

Tel: (679) 330-5807, Fax: (679) 330-5588, Email: <fia@connect.com.fj>

Deloitte Touche Tohmatsu, 343 Victoria Parade, P O Box 855, Suva

Tel: (679) 331-4768, Fax: (679) 330-1841,

Email: <npatel@deloitte.co.fj>

Ernst & Young, 33 Ellery St, P O Box 1359, Suva

Tel: (679) 331-4166, Fax: (679) 330-0612,

Email: <ernstyoung@connect.com.fj>

Neil Underhill & Associates, Lot 25 Wailada Lami, P O Box 1327, Suva

Tel: (679) 336-3968, Fax: (679) 336-3948, Email: <mail@nua.com.fj>

Crosbie & Associates, Main St, P O Box 1474, Nadi

Tel: (679) 670-2430, Fax: (679) 670-2102,

Email: <william.crosbie@hlbnadi.com.fj>

Anthony Ho & Associates, 347 Waimanu Rd, P O Box 13725, Suva

Tel: (679) 330-3567, Fax: (679) 330-0334,

Email: <anthonyho@connect.com.fj>

Anjnish Jokhan, 47 Bau St, Flagstaff, P O Box 147, Suva

Tel: (679) 330-5375, Fax: (679) 330-0294,

Email: <ajokhan@connect.com.fj>

KPMG, Victoria Parade, P O Box 32, Suva

Tel: (679) 330-1155, Fax: (679) 330-1312,

Email: <suvaoffice@kpmg.com.fj>

Jay Lal & Co., 21 Tui St, Marine Dr, P O Box 343, Lautoka

Tel: (679) 666-4133, Fax: (679) 666-6555,

Email: <jaylal@connect.com.fj>

A. Mishra & Co., 2 Lekutu St, Samabula, P O Box 206, Suva

Tel: (679) 338-5655, Fax: (679) 338-7344,

Email: <amishra@connect.com.fj>

I. Naiveli & Co., 25 Gladstone Rd, G P O Box 14014, Suva

Tel: (679) 330-5395, Fax: (679) 330-5395,

Email: <inaiveli@connect.com.fj>

Nandha & Co., Main St, P O Box 249, Nadi

Tel: (679) 670-0137, Fax: (679) 670-2844,

Email: <nandha@connect.com.fj>

Shyam Narain & Co., 98 Renwick Rd, Suva, P O Box 12676, Suva

Tel: (679) 330-3188, Fax: (679) 330-3824,

Email: <shyamnarain@connect.com.fj>

A. M. Narsey & Co., 63 Marks St, P O Box 476, Suva

Tel: (679) 331-2695, Fax: (679) 331-2501

H. N. Pande & Co., 3 Berry Rd, G P O Box 1283, Suva

Tel: (679) 331-1512, Fax: (679) 330-5978

Sambhu Prasad & Co., Epworth Arcade, Nina St, G P O Box 12740, Suva

Tel: (679) 330-1892, Fax: (679) 330-4922,

Email: <samhprasad@connect.com.fj>

PricewaterhouseCoopers, 8th Floor, Civic Tower, P O Box 200, Suva

Tel: (679) 331-3955, Fax: (679) 330-0981,

Email: <jenny.seeto@fj.pwc.com>

Ramani & Co., 95 Sagayam Rd, P O Box 270, Nadi

Tel: (679) 670-1704, Fax: (679) 670-2051,

Email: <ramani@connect.com.fj>

Seru & Associates, 8th Floor, Pacific House, P O Box 17128, Suva

Tel: (679) 330-4025, Fax: (679) 330-4227,

Email: <sseru@connect.com.fj>

G. H. Whiteside & Co., 211 Ratu Sukuna Rd, P O Box 13510, Suva

Tel: (679) 330-7220, Fax: (679) 330-0631, Email: <ghw@connect.com.fj>

**[HOTELS:]{.underline}**

**Nadi**

Capricorn International Hotel, Queens Rd, Martintar, Nadi, P O Box 9043,
Nadi Airport

Tel: (679) 672-0088, Fax: (679) 672-0522,

Email: <capricorn@connect.com.fj>

Fiji Internationl Dominion Hotel, Queens Rd, Martintar, Nadi, P O Box
9178, Nadi Airport

Tel: (679) 672-2255, Fax: (679) 672-0187, Email: <dih@connect.com.fj>

Nadi Hotel, Koroivolu Avenue, P O Box 91, Nadi

Tel: (679) 670-0000, Fax: (679) 670-0280, Email: <ndht@connect.com.fj>

Raffles Gateway Hotel, Queens Rd, Nadi International Airport, P O Box
9891, Nadi Airport

Tel: (679) 672-2444, Fax: (679) 672-0620,

Email: <rafflesresv@connect.com.fj>

Fiji Mocambo Hotel, Namaka, Nadi, P O Box 9195, Nadi Airport

Tel: (679) 672-2000, Fax: (679) 672-0324,

Email: <mocambo@connect.com.fj>

Sheraton Royal Denarau Resort, Denarau Island, Fiji, P O Box 9081, Nadi
Airport

Tel: (679) 675-0000, Fax: (679) 675-0269,

Email: <richard.bussiere@sheraton.com>

Sheraton Fiji Resort, Denarau Island, Fiji, P O Box 9761, Nadi Airport

Tel: (679) 675-0777, Fax: (679) 675-0818,

Email: <richard.bussiere@sheraton.com>

Sheraton Denarau Villas, Denarau Island, P O Box 9761, Nadi Airport

Tel: (679) 675-0777, Fax: (679) 675-0818,

Email: <richard.bussiere@sheraton.com>

Skylodge Hotel, Queens Rd, Namaka, P O Box 9222, Nadi Airport

Tel: (679) 672-2200, Fax: (679) 672-2447,

Email: <skylodge@connect.com.fj>

Tanoa International Hotel, Votualevu Rd, Namaka, Nadi, P O Box 9203,
Nadi Airport

Tel: (679) 672-0277, Fax: (679) 672-0191,

Email: <tanoahotels@connect.com.fj>

Tokatoka Resort Hotel, Queens Rd, Nadi Airport, P O Box 9305, Nadi
Airport

Tel: (679) 672-0222, Fax: (679) 672-0400,

Email: <tokatokaresort@connect.com.fj>

**Lautoka/Rakiraki**

Lautoka Hotel, 2 Naviti St, P O Box 51, Lautoka

Tel: (679) 666-0388, Fax: (679) 666-0201,

Email: <ltkhotel@connect.com.fj>

Bamboo Beach Resort, Nananu-I-ra Island, P O Box 268, Rakiraki

Tel: (679) 669-4444, Fax: (679) 669-4404,

Email: <bamboobeach@connect.com.fj>

Rakiraki Hotel, Kings Rd, P O Box 31, Rakiraki

Tel: (679) 669-4101, Fax: (679) 669-4545,

Email: <rakirakihotel@tanoahotels.com.fj>

Tailevu Hotel, Kings Rd, Korovou, Tailevu

Tel: (679) 343-0028, Fax: (679) 343-0244

Waterfront Hotel, Marine Drive, P O Box 4653, Lautoka

Tel: (679) 666-4777, Fax: (679) 666-5870,

Email: <waterfront@connect.com.fj>

**Coral Coast**

Shangri-la\'s Fijian Resort, Yanuca Island, P O Box 812, Sigatoka

Tel: (679) 652-0155, Fax: (679) 650-0402,

Email: <fijianresort@connect.com.fj>

The Naviti Resort, Queens Rd, P O Box 29, Korolevu

Tel: (679) 653-0444, Fax: (679) 653-0238,

Email: <naviti@connect.com.fj>

The Warwick Fiji, Queens Rd, P O Box 100, Korolevu

Tel: (679) 653-0555, Fax: (679) 653-0010,

Email: <warwickres@warwickfiji.com.fj>

**Pacific Harbour**

Pacific Harbour International Hotel, Queens Rd, Deuba, P O Box 144,
Pacific Harbour

Tel: (679) 345-0022, Fax: (679) 345-0262

**Suva City**

Capricorn Apartment Hotel, 7 Saint Fort St, P O Box 690, Suva

Tel: (679) 330-3732, Fax: (679) 330-3069,

Email: <capricornsuva@connect.com.fj>

Holiday Inn Suva, Victoria Parade, G P O Box 1357, Suva

Tel: (679) 330-1600, Fax: (679) 330-0251,

Email: <reservations@holidayinnsuva.com.fj>

Southern Cross Hotel, 63 Gordon St, P O Box 14641, Suva

Tel: (679) 331-4233, Fax: (679) 331-1819,

Email: <tahiti@connect.com.fj>

Raffles Tradewinds Hotel, Queens Rd, P O Box 3377, Lami

Tel: (679) 336-2450, Fax: (679) 336-2455, Email:
<tradewindsresv@connect.com.fj>

Suva Motor Inn, Gorrie St, Suva, P O Box 2500, Government Buildings

Tel: (679) 331-3973, Fax: (679) 330-0381, Email:
<suvamotorinn@connect.com.fj>

**The North**

Dive Taveuni Resort, Matei, P A Matei, Taveuni

Tel: (679) 888-0441, Fax: (679) 888-0466, Email:
<resort@taveuniislandresort.com>

Garden Island Resort, Waiyevo, P O Box 1, Waiyevo, Taveuni

Tel: (679) 888-0286, Fax: (679) 888-0288, Email: <garden@connect.com.fj>

The Grand Eastern Hotel, Gibson St, P O Box 641, Labasa

Tel: (679) 881-1022, Fax: (679) 881-4011, Email: <grest@connect.com.fj>

Jean-Michel Cousteau Resort, Lesiaceva Pt, Savusavu, Private Mail Bag,
Savusavu

Tel: (679) 885-0188, Fax: (679) 885-0340, Email:
<fiji4fun@connect.com.fj>

Lomalagi Resort (Fiji) Ltd, P O Box 200, Savusavu

Tel: (679) 881-6098, Fax: (679) 881-6099, Email:
<lomalagi@connect.com.fj>

Namale Resort, Namale, P O Box 244, Savusavu

Tel: (679) 885-0435, Fax: (679) 885-0400, Email:
<simon@namaleresort.com>

Savusavu Hot Springs Hotel, Nakama, P O Box 208, Savusavu

Tel: (679) 885-0195, Fax: (679) 885-0430, Email:
<hotspringshotel@connect.cm.fj>

**AMERICAN ENTITIES IN FIJI**

[Hotels, Resorts & Tourist Operations]{.underline}

Pacific Harbour International Hotel, Queens Rd, Deuba, P O Box 144,
Pacific Harbour

Tel: (679) 345-0022, Fax: (679) 345-0262

Holiday Inn Suva, Victoria Parade, G P O Box 1357, Suva

Tel: (679) 330-1600, Fax: (679) 330-0251, Email:
<reservations@holidayinnsuva.com.fj>

Jean-Michel Cousteau Resort, Lesiaceva Pt, Private Mail Bag, Savusavu

Tel: (679) 885-0188, Fax: (679) 885-0340, Email:
<fiji4fun@connect.com.fj>

Garden Island Resort, Waiyevo, P O Box 1, Waiyevo, Taveuni

Tel: (679) 888-0286, Fax: (679) 888-0288, Email: <garden@connect.com.fj>

The Wakaya Club, Wakaya Island, P O Box 15424, Suva

Tel: (679) 344-8128, Fax: (679) 344-8406, Email: <wakaya@connect.com.fj>

Turtle Island Lodge, Nanuyalevu, Yasawa, Private Mail Bag, Nadi Airport

Tel: (679) 666-3889, Fax: (679) 666-5220, Email:
<nick-meggan@turtlefiji.com>

Vomo Island Resort, Vomo Island, P O Box 5650, Lautoka

Tel: (679) 666-7955, Fax: (679) 666-7997, Email: <justin@vomo.com.fj>

Outrigger Reef Fiji, Korotogo, Coral Coast, P O Box 173, Sigatoka

Tel: (679) 650-0044, Fax: (679) 652-0074, Email:
<sales@outriggerfiji.com.fj>

Garden Of The Sleeping Giant, Wailoko Rd, Namaka, P O Box 9447, Nadi
Airport

Tel: (679) 672-2701, Fax: (679) 652-0999, Email: <giant@is.com.fj>

Beqa Lagoon Resort, Beqa Island, P O Box 112, Deuba

Tel: (679) 330-4042, Fax: (679) 330-4028, Email:
<beachclub@connect.com.fj>

Waidroka Bay Resort, Coral Coast, Deuba, P O Box 323, Pacific Harbour

Tel: (679) 330-4605, Fax: (679) 330-4383, Email:
<reservations@waidroka.com>

Lalati Resort & Spa, Beqa Island, P O Box 166, Deuba

Tel: (679) 347-2033, Fax: (679) 347-2034, Email: <lalati@connect.com.fj>

Katafanga Island Resort & Spa, Victoria Parade, Suva

Tel: (679) 330-7333, Fax: (679) 330-7334, Email: <info@katafanga.com>

Lomalagi Resort (Fiji) Ltd

Savusavu

P O Box 200, Savusavu

Tel: (679) 881-6098, Fax: (679) 881-6099

Email: <lomalagi@connect.com.fj>

Rivers Fiji

Viti Levu Drive, Pacifc Harbour

P O Box 307, Deuba

Tel: (679) 345-0147, Fax: (679) 345-0148

Email: <riversfiji@connect.com.fj>

Kula Bird Park

Korotogo Reef Estate, Sigatoka

P O Box 823, Sigatoka

Tel: (679) 650-0505, Fax: (679) 652-0202

Email: <kulapark@connect.com.fj>

**[COMPUTER & INFORMATION SYSTEMS]{.underline}**

Affiliated Computer Services (ACS)

91 Gordon Street, Suva 

Tel: (679) 3300387

Computech

41 Gordon St, Suva

P O Box 16334, Suva

Tel: (679) 330-0854, Fax: (679) 330-1768

Email: <jmoyer@computech.com.fj>

Hewlett-Packard Australia Pty Ltd

Pacific House, Butt St, Suva

P O Box 14990, Suva

Tel: (679) 331-5699, Fax: (679) 330-0889

Email: <freddy.kafoa@hp.com>

**[S E R V I C E S]{.underline}**

Aon Risk Services (Fiji) Ltd

FNPF Place, Victoria Parade

G P O Box 16960, Suva

Tel: (679) 331-3177, Fax: (679) 331-3373

Email: <aonfiji@aon.com.fj>

Marsh Ltd

Civic House, Suva

P O Box 1333, Suva

Tel: (679) 331-2799, Fax: (679) 330-0839

Email: <breton.taylor@marsh.com>

**[FOOD, RETAIL WAREHOUSE & OTHERS]{.underline}**

Coca-Cola Amatil (Fiji) Ltd

Ratu Dovi Rd, Laucala Beach Estate

Private Mail Bag, Suva

Tel: (679) 339-4333, Fax: (679) 339-4406

McDonald\'s

66 Victoria Parade, Suva

P O Box 11626, Suva

Tel: (679) 330-8675, Fax: (679) 330-8674

Email: <headoffice@mcdonalds.com.fj>

Utopia International Trading Ltd

Votualevu, Nadi

P O Box 10692, Nadi Airport

Tel: (679) 672-1007, Fax: (679) 672-0997

Cost-U-Less

Laucala Bay Rd, Suva

Private Mail Bag, Suva

Tel: (679) 331-5915, Fax: (679) 330-5155

Natural Waters of Viti Ltd

Civic House, Suva

P O Box 14128, Suva

Tel: (679) 330-7911, Fax: (679) 330-2714

Email: <ian@fijiwater.com.fj>

Johnson & Johnson Pacific

4 Bulei Rd, Laucala Beach Estate

P O Box 10139, Laucala Beach Estate

Tel: (679) 339-1155, Fax: (679) 334-0059

 

Na Kula Nature Clinic

Savusavu

Tel: (679) 885-0462, Fax: (679) 885-0462

Resource Of The Pacific Ltd

P O Box 12468, Suva

Tel: (679) 330-5483, Fax: (679) 330-4313

Dominion Wire & Cables Ltd

Kings Rd, Nailaga, Ba

P O Box 1562, Ba

Tel: (679) 667-5244, Fax: (679) 667-0023

Email: <domcab@connect.com.fj>

**[A I R L I N E S]{.underline}**

Air Pacific Ltd

Nadi Airport

Private Mail Bag, Nadi Airport

Tel: (679) 672-0777, Fax: (679) 672-0704

Email: <fjceo@airpacific.com.fj>

Air New Zealand Ltd

Queensland Insurance Centre, Suva

P O Box 340, Suva

Tel: (679) 331-3100, Fax: (679) 330-9510

Email: <kevin.farrington@airnz.co.nz>

Qantas Airways Ltd

Colonial Building, Suva

P O Box 1144, Suva

Tel: (679) 331-3888, Fax: (679) 330-4795

Email: <justinking@qantas.com.au>

Air Fiji

185 Victoria Parade, Suva

P O Box 1259, Suva

Tel: 331-3666, Fax: 330-0771

Email: <airfiji@connect.com.fj>

Sun Air (Pacific) Ltd

Nad Airport

P O Box 9452, Nadi Airport

Tel: (679) 672-3555, Fax: (679) 672-0085

Email: <sun@connect.com.fj>

**[SHIPPING COMPANIES]{.underline}**

Carpenters Shipping

22 Edinburgh Drive

Private Mail Bag, Suva

Tel: (679) 331-2244, Fax: (679) 330-1572

Email: <j.wong.shipping@carpenters.com.fj>

Pacific Agencies (Fiji) Ltd

Rodwell Rd, Suva

P O Box 15832, Suva

Tel: (679) 331-5444, Fax: (679) 330-2754

Email: <info@pacship.com.fj>

Campbells Shiping Agency

Narseys Building, Suva

G P O Box 43, Suva

Tel: (679) 330-6329, Fax: (679) 330-6363

Email: <campbellshipping@connect.com.fj>

Shipping Services (Fiji) Ltd

25 High St, Toorak

P O Box 12671, Suva

Tel: (679) 330-5577, Fax: (679) 330-1615

Email: <info@ssfl.com.fj>

Williams & Gosling Ltd

80-82 Harris Rd, Suva

G P O Box 79, Suva

Tel: (679) 331-2633, Fax: (679) 330-2106

Email: <DaveA@wgfiji.com.fj>