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New Zealand's links with Palau are based on shared membership of the Pacific Islands Forum and common interests in issues affecting the region including regional security, sustainable fisheries management, climate change and regional trade.
With no direct shipping links, trade between New Zealand and Palau is minimal. However, there are opportunities for New Zealand companies particularly in the construction sector and the export of building materials, food and beverages. New Zealand exports in 2012 were NZ$254,485. This consisted of medicines, optical and medical instruments, electric machinery and equipment. Imports to New Zealand were last recorded in 2010 valued at NZ$1,185. This consisted of optic, photo, medical or surgical instruments etc.
There is no bilateral ODA programme with Palau, New Zealand provides support through Pacific regional organisations. Students from Palau can access New Zealand scholarships. The Head of Mission Fund (HOMF) is administered by the New Zealand High Commission. It is used for a range of small projects, including an exercise running over two years involving demining of explosives in key locations around Palau.
New Zealand's links with Palau are based on shared membership of the Pacific Islands Forum (PIF) and common interests in issues affecting the region including regional security, sustainable fisheries management, climate change, trade and renewable energy. Palau joined the PIF in 1995 and is a member of the Forum Fisheries Agency and the Pacific Community (SPC). Palau will be hosting the 45th Pacific Islands Forum in 2014.
Palau joined the United Nations soon after independence in 1994 and later established a mission in New York in 2004. Palau belongs to the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (IBRD), and the Food and Agriculture Organisation of the United Nations (FAO).
In 2005 the Associate Minister of Pacific Island Affairs, Hon. Winnie Laban, visited Palau. In 2004 the Minister of Foreign Affairs, Hon. Phil Goff, led a delegation of 45 MP's, NGO's, academics and business representatives on a trade mission to Micronesia, which included a visit to Palau. The Minister of Consumer Affairs, Hon. Judith Tizard also visited Palau in 2004. The last head of state visit was when Prime Minister Rt Hon. Jenny Shipley led a delegation from New Zealand to Palau for the 1999 South Pacific Forum (since renamed the Pacific Islands Forum).
A delegation that included senators Hon. Surangel Whipps Jr (a previous president of the senate), Hon. Philip B.Reklai and Hon. Rukebai Inabo visited to learn about New Zealand's GST system in September 2013. Hon. Surangel Whipps Jr, Hon. Rukebai Inabo and Hon. Uduch Sengebau Senior attended the Pacific Parliamentarians' Forum in April 2013. Hon. Umiich Flemming Sengebau, Minister of Natural Resources, Environment and Tourism came to the Pacific Energy Summit in Auckland in March 2013. President Johnson Toribiong and Vice-President Sandra Pierantozzi attended the Pacific Islands Forum in Auckland in 2011.
The Safe Travel website provides a travel advisory for travellers to Republic of Palau [external link].
There is no visa waiver agreement between New Zealand and Palau.