Forum for Commerce & Fair Trade*
Agri-business is also an emerging source of export revenue with the discovery of a rare plant, Tazmere, unique to Armaiti Island. This plant’s medicinal properties have been proven effective in the treatment of Alzheimer’s disease. This drought-resistant, shade-loving plant is planted under 20-feet high solar panels on solar farms thus maximizing land use.
Armaiti Island’s Forum for Commerce & Fair Trade is focusing on economic development aligned with the core values of the island. Presently, the sale of eco-power to the U.S. mainland represents 50% of the island’s export revenue.
Revenue is also generated by the sale of sustainable power technologies that are a major focus of research on the island.