The text will soon be submitted for a plenary session vote.

Created under the former Temaru government, the TPC was designed to market Tahitian pearls through a new semi-public company (SEM). Conceived with the support of Italian jewelry expert Gaetano Caballieri, the project quickly ran into opposition from industry professionals, who were against direct state intervention in commercial activity. In addition, the consortium — which was supposed to attract at least 15% of private investors — failed to secure the necessary commitments.

The Minister of Marine Resources, Tearii Alpha, emphasized that the new government intends to change its approach: it will now prioritize regulation and oversight, leaving pearl marketing to the private sector. However, state involvement is still foreseen in negotiations regarding the opening of new markets, particularly to address tariff issues, as in the case of China.

To strengthen dialogue with industry stakeholders, a Pearl Council will be created, bringing together representatives of professional organizations at the ministerial level. Its first meeting is expected within two weeks to begin reforming the regulatory framework. In the long term, the clear ambition is to improve production quality in order to boost the prices of this flagship product of the Polynesian economy.

Regarding the Maison de la Perle, Tearii Alpha stated that no decision to close it has yet been made. A budgetary review of the institution is underway, alongside a reflection on redefining its missions, with a clear commitment to closely involve the private sector in the future development strategy for the pearl industry.