Super Rugby will expand in 2022 with the Fijian Drua and Moana Pasifika granted licences.
The two new teams will join five Australian and New Zealand’s five sides in the new competition.
World Rugby last month pledged a $2.16m to help with costs.
However, NZR said entry next year was still conditional on their final business plans and Rugby Australia’s support.
NZR board member and former Manu Samoa and All Blacks legend Sir Michael Jones was excited by the announcement.
“We are now on the cusp of realising a long-held desire to include Pasifika in our professional game and the opportunity to embrace all that comes with that,” Jones said in a statement.