About Forum for India-Pacific Islands Cooperation:
- It is a multilateral platform established by India to enhance cooperation with the Pacific Island countries.
- It was established in 2014 during the Prime Minister of India’s visit to Fiji.
- Member countries: It includes 14 of the island countries – Cook Islands, Fiji, Kiribati, Marshall Islands, Micronesia, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu.
- In line with the “Act East Policy”, through FIPIC, India has primarily focused its efforts on the Pacific Islands.
- Economic Cooperation: At this moment, total annual trade of about $300 million between the Indian and Pacific Island countries, whereas exports are around $200 million and imports are around $100 million.
- FIPIC Summits held: Since 2014 three FIPIC summits have been held, 1st 2014 (Suva, Fiji), 2nd 2015 (Jaipur, India), 3rd 2023 (Port Moresby, Papua New Guinea).
