3. Friendly and stable business environment
Kiribati is a sovereign democratic republic with a stable political system and strong institutions. The country operates under a parliamentary system (sharing some features of presidential system), with regular democratic elections and peaceful transitions of power. Its legal system is based on English common law, supplemented by customary law, providing a familiar and reliable legal framework for investors. Combined with a high level of political stability, good governance, and respect for the rule of law, Kiribati offers a secure and predictable environment for doing business.
Solid and robust legal framework for investors
¹ ACP - EU Samoa Agreement: African, Caribbean and Pacific Group of States (77 states) - European Union (28 states). It includes same states from Cotonou Agreement.
² Pacer Plus: Pacific Agreement on Closer Economic Relations Plus (14 states). It includes same states from SPARTECA. - Source: https://investmentpolicy.unctad.org/
Peaceful and stable country
Kiribati stands out among 22 nations in Southeast Asia and the Pacific for its stable and supportive business climate, offering a strong foundation for economic activity and investment.
- 4th in Political Stability & Absence of Violence: Kiribati is one of the most politically stable countries in the Southeast Asia and Pacific region, offering a secure and peaceful environment for investment.
- 3rd in Voice and Accountability: The country upholds strong democratic values, ensuring citizen participation, freedom of expression, and a free and independent media.
- 7th in Rule of Law: Kiribati provides a reliable legal environment with strong property rights, contract enforcement, and trust in the judicial system.
Voice and Accountability: Perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media. - Political Stability and Absence of Violence/Terrorism: Perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. - Rule of Law: Perceptions of the extent to which agents have confidence in and abide by the rules of society, the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence.
* Excluding high income economies (Australia, New Zealand & Singapore) - Source: The World Bank Database
As a proud champion of anti-corruption, Kiribati is committed to transparency, good governance, and the rule of law. Investors can operate with confidence, knowing that integrity and accountability are central to the country’s development agenda. Whether you're exploring opportunities in tourism, agribusiness, logistics or any other industry, Kiribati stands ready as a reliable and principled partner in the Pacific.