BY SAMIE WAIKORI
The Government for National Unity and Transformation (GNUT) is developing a National Export Policy Framework to boost trade capacity and strengthen the Micro, Small and Medium Enterprises (MSME) sector.
Prime Minister Jeremiah Manele highlighted this during a media conference to mark GNUT’s one-year anniversary on Friday.
Prime Minister Manele said the initiative is part of the government’s broader strategy to drive economic transformation and improve access to finance for MSMEs.
“A National Export Policy is currently being developed in partnership with the Ministry of Commerce, Industry, Labour and Immigration, and key stakeholders,” Manele said.
He said the policy will support exporters by improving access to finance, providing technical assistance, and delivering timely market information, all aimed at increasing the global competitiveness of Solomon Islands products.
In a related initiative, Manele said the GNUT government, in partnership with the Young Entrepreneurs Council of Solomon Islands, has secured SBD$3 million to support youth entrepreneurship.
“The government, through the Ministry of Culture and Tourism, has partnered with the Young Entrepreneurs Council to secure a $3 million grant. This initiative is focused on growing youth-led businesses in the tourism sector,” he said.
Manele emphasized that both initiatives demonstrate GNUT’s commitment to sustainable economic growth through a strong MSME sector and an export-driven economy.
“Together, these programs will strengthen the resilience of local industries, reduce reliance on imports, and equip Solomon Islanders with the tools and opportunities needed to thrive in a fast-changing global economy,” he added.
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