Pacific Agreement on Closer Economic Relations

The Pacific Agreement on Closer Economic Relations (PACER) is an umbrella agreement between members of the Pacific Islands Forum (the Forum Island Countries plus Australia and New Zealand) which provides a framework for the future development of trade cooperation. It was first signed at Nauru on 18 August 2001 and entered into force on 3 October 2002. It is a framework agreement that sets an outline for the future development of trade and economic relations across the Forum region as a whole.

Pacific Agreement on Closer Economic Relations

The Pacific Agreement on Closer Economic Relations (PACER) is an umbrella agreement between members of the Pacific Islands Forum (the Forum Island Countries plus Australia and New Zealand) which provides a framework for the future development of trade cooperation. It was first signed at Nauru on 18 August 2001 and entered into force on 3 October 2002. It is a framework agreement that sets an outline for the future development of trade and economic relations across the Forum region as a whole.