
Trade liberalization shortchanges Pacific Island economies
Tamuning- The Pacific Agreement on Closer Economic Relations Plus, a regional economic integration pact that opens free trade among Australia, New Zealand and Pacific Island nations, is raising skepticism among critics, who describe the treaty as a lopsided deal. The agreement, better known as PACER Plus, proposes tariff cuts among signatory nations and is rhetorically touted to help small Pacific Island nations through increased import-export trade and investments. But subs