SUVA, (FIJI TIMES) — High freight costs in the midst of COVID-19 impacts have toughened export opportunities.
Pacific Islands Private Sector Organisations vice-chairperson Jennifer Ula-Fruean made this known at the Forum Economic Ministers Meeting pleading with government leaders to have more facilities such as the Pacific Trade Invest, which has helped alleviate some costs for businesses.
Ula-Fruean told the meeting that shipping and freight costs had increased exponentially.
“While the question of shipping and freight costs has been an ongoing cost of business issue pre-pandemic, it has been exacerbated by COVID-19 and those relating to crew costs, fuel, maintenance, containers, port compliance is not looking to be alleviated soon,” she said…. PACNEWS