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  • The South Pacific Regional Trade and Economic Co-operation Agreement is a nonreciprocal trade agreement in which Australia and New Zealand offer duty-free and unrestricted access for specified products originating from the developing island member countries of the Pacific Islands Forum. Signed in 1980 in Tarawa and subject to Rules of Origin regulations, the agreement was designed to address the unequal trade relationships between the two groups. The textiles, clothing and footwear industry has been a major beneficiary of SPARTECA through the preferential access to Australian and New Zealand markets. The agreement entered into force on 1 January 1981.

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