Announcement of the Third European Union - PNG Trade, Business and Investment Conference

By: PNG Business News October 03, 2022

Photo credit: European Union

The Delegation of the European Union in Papua New Guinea, the PNG National Trade Office, PNG Investment Promotion Authority, Department of Commerce and Industry and the PNG-Europe Business Council hosted a joint Press Conference at Lamana Hotel on the 3rd of October 2022 regarding the Third EU - PNG Trade, Business and Investment Conference which will take place on 11-12 October 2022 at the APEC Haus in Port Moresby.

The Conference will be facilitated by the PNG-EUROPE Business Council , It's President Mr. Michael Sullivan spoke during the media conference and expressed his invitation for all business houses to take part in the event. 

" The conference will be more of awareness to help involve Papua New Guineans in the European Market".

Managing Director of Investment Promotion Authority (IPA) Mr Clarence Hoot emphasize that PNG needs to set the environment right to bring in European investors. 

The two-day conference will help increase business contacts, discover new business opportunities and new collaboration partners between the EU and PNG, Fiji, Samoa, Solomon Islands, Tonga, and Timor-Leste with particular attention to trade and investment aspects of sustainable development.

The conference intends to build further on previous EU actions including in the context of EPA (Economic Partnership Agreement)implementation, the technical assistance provided to PNG trade policy (which led i.a. to the adoption of a National Trade Policy) and could pave the way for further activities to promote EU-Pacific trade and investment.

The Theme of the conference is "Strengthening sustainable business, trade and investment ties between EU, PNG and the Pacific".

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