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VU

Stories (4)

economy

NATIONAL FOREIGN POLICY

Vanuatu’s foreign policy emphasizes sovereignty protection, regional stability, and broad international engagement anchored in the National Sustainable Development Plan (NSDP) 2016–2030. Key aims include: - Sovereignty, border protection, and national security aligned with the National Security Strategy. - Prosperity and well-being through bilateral, regional, and international cooperation and trade; emphasis on trade liberalization, market access for exports, inward investm

2026-05-24
economy

Vanuatu 2025 IMF Article IV Assessment

Summary tailored to your query: Vanuatu’s 2025 IMF Article IV assessment highlights a fragile domestic and external environment that frames its foreign policy, politics, diplomacy, elections, economy, and security. Key points: - Political landscape and governance: A new five-party coalition government was elected in January 2025 after a November 2024 parliamentary dissolution. The government aims to stabilize governance, rebuild infrastructure, reform education, strengthen i

2026-05-24
politics

Vanuatu Approves Updated Nakamal Agreement

Summary: - Vanuatu’s cabinet approved an updated Nakamal Agreement with Australia, marking a potential compromise after months of negotiations and signaling Australia as Vanuatu’s main security partner. - The pact, if signed by the Albanese government, would involve hundreds of millions of Australian investment but does not include prior limits on Chinese investment in sensitive sectors as earlier versions did. - Prime Minister Jotham Napat previously stalled signing amid con

2026-05-24
economy

Yumi talem, yumi mekem

Summary: - The Nakamal Agreement (Aug 13, 2025) marks a landmark $500 million partnership between Australia and Vanuatu, with over $100 million in security assistance. Unlike a 2022 security pact that caused political instability, the Nakamal deal has been approved by Vanuatu’s National Security Council and Council of Ministers. - Vanuatu’s security governance centers on engaging major partners while preserving sovereignty, integrating foreign resources into national prioriti

2026-05-24