The Minister for Finance, Hon. Esrom Immanuel, welcomes the decision by the European Union to remove Fiji from its list of non-cooperative jurisdictions for tax purposes.
This decision reflects the Coalition Government’s strong commitment to transparency, good governance and adherence to international tax standards. It is a clear vote of confidence in Fiji’s reform agenda and our resolve to align our financial and regulatory frameworks with global best practice.
Minister Immanuel stated that “the removal from the EU blacklist strengthens Fiji’s international reputation as a credible, responsible and trusted financial jurisdiction. It sends a positive signal to investors, development partners and the global business community that Fiji is committed to maintaining a transparent and robust financial and tax system”.
Over the three past years, Government has worked closely with international partners and relevant institutions to address outstanding concerns, strengthen legislative frameworks and enhance compliance mechanisms. These reforms underscore our broader agenda of safeguarding macroeconomic stability while promoting sustainable and inclusive growth.
For Fiji, this milestone is more than a technical adjustment, it enhances investor confidence, reduces reputational risk and supports our efforts to attract high-quality foreign direct investment. At a time when global economic conditions remain uncertain, such positive developments are critical in positioning Fiji as a competitive and reliable destination for trade and investment.
The Government remains committed to continuous improvement of our financial and tax governance frameworks and to constructive engagement with international partners.
Hon. Esrom extended his sincere appreciation to the leadership and staff of the Fiji Revenue and Customs Service (FRCS) and Ministry of Finance for their professionalism, diligence, and unwavering commitment in securing Fiji’s removal from the European Union blacklist.