2014: It was established as a multinational grouping developed for cooperation between India and 14 Pacific Islands nations which include Cook Islands, Fiji, Kiribati, Marshall Islands, Micronesia, Nauru, Niue, Samoa, Solomon Islands, Palau, Papua New Guinea, Tonga, Tuvalu, and Vanuatu.
Objective: Provide necessary information and facilitation regarding prospects of Trade and Investment.
Summit
Location
1st FIPIC Summit
Suva, Fiji
2nd FIPIC Summit
Jaipur, India
3rd FIPIC Summit
Papua New Guinea
Why in News:
Recently, PM Modi visited Papua New Guinea to participate in the 3rd Summit of FIPIC.
The Indian PM released the Tamil classic ‘Thirukkural’ in Tok Pisin (official language of Papua New Guinea).