Fiji’s Membership to the World Trade Organization (WTO)

The World Trade Organization (WTO), since its formation in 1996 has defined multilateral trade in the world. The WTO facilitates trade expansion and liberalization of international trade under non-discriminatory, predictable and transparent conditions, with prescribed rules based on General Agreement on Tariffs & Trade (GATT).

Fiji became a member of the WTO in 1996, by the virtue of its original membership to GATT. The main benefits of Fiji joining the WTO is that as a small economy with little barging or influencing power, Fiji’s trading interest are safe guarded by set rules based on fair and open trade, which is applicable to all. Furthermore, the WTO provides special and differential treatment for least developed and developing countries.

The WTO has also come to recognize a group of countries that are classed as small and vulnerable. The WTO Doha Rounds of negotiations recognises the Small Economies Work Program through the Small and Vulnerable Economies (SVE) group. This Group, which Fiji is a part of, seeks to protect the interest of the smallest and most vulnerable economies of the world, with the lowest share of international trade