Search Results: fish

Papua New Guinea (PNG) is ready to grow its trade and investment relationship with the European Union (EU), says the Minister for International Trade and Investment, Hon. Richard Maru. Minister Maru said this in his welcome address at the 4th EU-PNG Business, Trade & Investment Conference in Port Moresby. “We welcome the theme of this year’s confer...

Minister for International Trade and Investment, Hon. Richard Maru says it is time the Government recognize the need for Papua New Guinean indigenous businesses to be recognized and supported as a unit in the country. Minister Maru said this recently during his closing address at the 14th World Indigenous Business Forum which was jointly hosted in Port Mo...

Trade between Papua New Guinea and China has surpassed K13 billion, with a surplus in our favour as PNG continues to export more to China than import from the Asian superpower. This clearly demonstrates the huge significance in maintaining and expanding the existing bi-lateral relationship with China as the superpower continues to provide the needed ma...

The Minister for International Trade and Investment, Hon. Richard Maru says Papua New Guinea (PNG) needs investments in all sectors and not just in the mining and petroleum sector. Minister Maru said this after hosting of the inaugural PNG-Asia Investment Conference in Hong Kong on October 16-17, 2023. “We need investments across all sectors in order t...

The Bougainville Coastal Waters Survey Program is set to commence this month to map out areas that constitute as ‘Bougainville waters’, as part of the drawdown of fisheries powers and functions to the Autonomous Bougainville Government. ABG President Hon. Ishmael Toroama officially launched the Survey today in Buka, signifying a milestone for Bougainvi...

Prime Minister Hon. James Marape has welcomed H.E Satu Mattila-Budich, the Ambassador-designate of the Republic of Finland to Papua New Guinea. Her Excellency, Mrs Mattila-Budich was introduced to the Prime Minister at his Sir Manasupe House Office, as PM Marape took the opportunity to invite Finnish investments into the country and highlight PNG’s pro...

Prime Minister Hon. James Marape celebrated the unveiling of the remarkable K794 million Nadzab Tomodachi International Airport on Monday, October 2, 2023, underscoring the enduring bond between Japan and Papua New Guinea. This project was made possible through a K692 million soft loan extended by the Japan International Cooperation Agency (JICA), with th...

Central Province marked a milestone on the 27th of September 2023 as the Cocoa Board (CB) of PNG officially opened its Southern Regional Office in Port Moresby. The board also signed a Memorandum of Understanding (MoU) with the Central Provincial Government in a significant ceremony, which will now form a pathway for Central Cocoa Central Governor R...

Prime Minister Hon. James Marape has told American government officials and the business sector that Pacific Island nations were not there in the United States to ask for Aid and grant but to negotiate for better business opportunities for themselves. Prime Minister Marape, who was the spokesperson for the Pacific Island nations, was speaking at a meet...

Prime Minister Hon. James Marape has used the opportunity of the 2nd US-PIF Summit to push for more follow-up action from the United States besides Security and Politics that he said must also encompass Trade & Commerce and other development areas. He pointed out that a “full” relationship between the two countries “must embody all other areas incl...

Prime Minister James Marape, today concluded the US-Pacific Leaders’ Summit and expressed his gratitude to the Biden Administration. The summit was an excellent opportunity for Pacific Island leaders to meet with President Biden and discuss issues related to mutual prosperity, security, and sustainability in the region. He said it is great to see th...

The Ambassador of the United Arab Emirates (UAE), His Excellency Jamal Abdulla Al Suwaidi, embarked on a significant diplomatic mission recently, paying a courtesy call on Prime Minister Hon. James Marape. This meeting followed the presentation of his credentials to Governor-General Sir Bob Dadae at Government House, Konedobu, marking a pivotal moment in ...

Prime Minister Hon. James Marape has invited the business community of Israel to Papua New Guinea, offering land in a Special Economic Zone specifically for Israeli businesses in the country. Prime Minister Marape made the invitation to the Israel Manufacturers Association. The Prime Minister wasted no time, as he came out strongly advocating PNG’s ...

Papua New Guinea’s relations with the State of Israel is very important, particularly as PNG seeks to draw from Israel’s development experiences over the last 75 years, Prime Minister Hon. James Marape has said. Prime Minister Marape said this after a bi-lateral meeting on Tuesday (05.09.23) afternoon with Israeli Foreign Minister His Excellency Mr Eli...

In a significant stride towards boosting rural development and agri-enterprise in the Sepik region of Papua New Guinea, the International Telecommunication Union (ITU), as part of the EU-STREIT PNG Programme, established four resource centres in areas that are grappling with serious challenges in access to ICT services, including digital skills, digital t...

The State Negotiating Team for the proposed Joint Venture (JV) between the State and the RD Corporation met for the first time today to commence JV negotiations. Minister for International Trade and Investment, Hon. Richard Maru met with the team to give them the overall picture of what the Government wanted from this JV negotiations and what the team had...

Minister for International Trade and Investment, Hon. Richard Maru says he is happy with his visit to China recently. “Building on the sister-city relationship between Shenzhen and Port Moresby and the recent State visit of Governor of Guangdong, Wang Weizhong, I was happy to make my first official visit as the Minister for International Trade and Inve...

Papua New Guinea and the Republic of France have established a landmark cooperation in Forest Management, Conservation, and Climate Change during a bilateral meeting between Prime Minister of Papua New Guinea, Hon. James Marape, and the President of the Republic of France, His Excellency Emmanuel Macron, in Port Moresby on Friday, July 28, 2023. Prime ...