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Media Center > Speeches > HON PM BAINIMARAMA REMARKS AT THE SIGNING OF THE ESTABLISHMENT AGREEMENT BETWEEN FIJI, WORLD BANK AN

HON PM BAINIMARAMA REMARKS AT THE SIGNING OF THE ESTABLISHMENT AGREEMENT BETWEEN FIJI, WORLD BANK AND THE INTERNATIONAL FINANCE CORPORATION

8/30/2017
Ms Victoria Kwakwa, Vice President, World Bank,
Mr Thomas Jacobs, Country Manager, International Finance Corporation,
Hon. Aiyaz Sayed-Khaiyum, Attorney-General and Minister for Economy
Ladies and Gentlemen,

Bula vinaka.

It gives me great pleasure to extend to you a very warm welcome and to say how grateful we are to Vice President Ms Kwakwa and Mr Jacobs for being here in Suva for the signing of the World Bank Establishment Agreement.

Thank you for your kind words.

While the World Bank Group established its physical presence in Fiji last year, today, with the execution of the Establishment Agreement, we officially welcome the World Bank Group to Fiji.

Ladies and Gentlemen as you may know, out of the 11 Pacific Island countries which are members of the World Bank Group, our country has been selected as the location for the establishment of this regional office and we are honoured to host the World Bank Group. Fiji welcomes the World Bank and International Finance Corporation’s presence as well as other organisations that may wish to call Fiji home.

The World Bank joins many other international organisations here in Fiji, and as the hub of the Pacific with connectivity to other Pacific Island countries as well as all continents that rim the Pacific except for South America, being based in Fiji is increasingly beneficial for international organisations such as the World Bank. Being based in Fiji will assist the World Bank to understand the challenges and issues faced by Pacific Island countries which will enable the World Bank to develop programs that better address these issues and in the long-run will benefit the vulnerable communities of Fiji and the Pacific.

Our relationship with the World Bank Group is growing and your presence in Fiji will not only benefit Fiji but all Pacific countries, as together there are many opportunities for the development of the Pacific Region.

Thank you World Bank Group for establishing your regional office here and we look forward to building a closer working relationship with you and visiting your new offices next year.

Vinaka vakalevu. Thank you.
 
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