SYDNEY (Reuters) - Australia and New Zealand on Friday announced a joint funding package of A$7.7 million (£4.45 million) to help Pacific Island countries benefit economically from a soon-to-be completed landmark trade and development deal.
Senior representatives from 16 countries met in Christchurch, New Zealand on Friday to negotiate the final terms of the 'Pacific Agreement on Closer Economic Relations Plus' (PACER Plus) agreement which aims to create jobs and raise standards of living in the Pacific region.
