AGP Executive Report
Last update: 43 minutes agoShipping Costs: Swire Shipping will raise fuel surcharges from 15 November, with standard container fees on specified Pacific routes rising to US$535 for a 20-foot unit and US$1,070 for a 40-foot unit, adding pressure to import costs. Digital Economy: Nauru ranked 39th among 56 Commonwealth countries in a new youth AI-readiness index, below the study’s benchmark; Fiji led the Pacific at 12th. Renewable Energy: Sunergise’s planned acquisition of Infratec will expand its solar and battery-storage capacity in the Pacific. The companies have jointly delivered five renewable energy plants, including projects in Nauru. Trade Links: Nauru and Kazakhstan established diplomatic relations, with both sides identifying trade, digitalisation and sustainable development as possible areas for cooperation. Deep-Sea Mining: An international tribunal’s interim orders in a case involving Nauru Ocean Resources require fair procedures but do not decide the case or authorize commercial mining.
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