How can the Solomon Islands use access to the Australian market to promote its development?

Key recent achievements that Australian development assistance has delivered in Solomon Islands include: Completion of the Coral Sea Cable in 2020; a submarine fibre optic telecommunications cable linking Honiara to Sydney, delivering faster more reliable internet connectivity to the Solomon Islands.

Is Solomon Islands a developing country?

A per capita GDP of $3,200 ranks Solomon Islands as a lesser developed nation. Over 75% of its labour force is engaged in subsistence farming and fishing.

Why does the Solomon Islands need aid?

The Solomon Islands depends on aid to finance its current account deficit and development needs. Following the RAMSI intervention in 2003, the country has received substantial external assistance for reconstruction and development, including for transport infrastructure.

How did Australia help the Solomon Islands?

Australian aid Australia is a significant foreign aid donor to the Solomon Islands. Australia led other nations as part of the Regional Assistance Mission to Solomon Islands. Over 7,000 Australian Defence Force members have been deployed in the Solomon Islands as part of that mission.

Is Solomon Islands rich or poor?

Although the islands are rich in timber and such undeveloped mineral resources as lead, zinc, nickel, and gold, much of the population continues to work in subsistence farming, fishing, and artisanal forestry. The Solomon Islands remains one of Asia’s poorest nations.

Is the Solomon Islands safe?

Crime: Petty theft is common in some parts of Solomon Islands. Guided or group tours are generally safer than traveling alone. Landowners may demand money if you enter their land without permission. Home invasions, burglaries, and violent crime typically increase in the months approaching the Christmas holiday season.

What is the National Development Strategy for Solomon Islands?

The National Development Strategy (NDS) 2016 – 2035 is the blueprint for sustainable development in Solomon Islands. It sets out the vision and priorities for advancing human and economic development, ensuring peace and security and the protection of the natural environment.

How is Australia doing in the Solomon Islands?

Australia will work with the Solomon Islands Government to implement Australia’s new development strategy — Partnerships for Recovery: Australia’s COVID-19 Development Response — which is focussed on health security, stability and economic recovery. Country specific details are outlined in the Solomon Islands COVID-19 Development Response Plan.

Who is the largest bilateral donor to Solomon Islands?

Australia is Solomon Islands’ largest bilateral donor and we are re-shaping our efforts in response to COVID‑19. Australia is partnering with Solomon Islands to implement Solomon Islands’ National Development Strategy (2016-2035).

What kind of economy does the Solomon Islands have?

Solomon Islands has promoted economic growth through investments in agriculture, fisheries, forestry, tourism and mining sectors. The Government, with development partners, has provided technical and financial support to programmes aimed at achieving sustained growth and employment.