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An agreement was reached recently between the Ministry and the Department of International Trade and Investment, and the Shenzhen Government and private sector for the new Papua New Guinea (PNG) trade mission to be in a very prestigious office building in Shenzhen. “To have a trade mission in China is a very historic decision made by our Government and...

The long-overdue Central Chamber of Commerce and Industry (CCCI) is now set up with an interim board and is poised to deliver change in the Central Province by working with the Central Provincial Government (CPG). This was announced on Friday, 14th of July 2023, with another historic moment as CCCI received a boost of Kina 200,000 to assist in establis...

Minister for International Trade and Investment, Hon. Richard Maru says he is pleased that the Asian Development Bank (ADB) has already started on the design work of the Wewak and Vanimo international wharves which will be completed by January 2024 according to the ADB Country Manager, Mr. David Hill. “These wharves must be given absolute priority beca...

Prime Minister Hon. James Marape expressed his enthusiasm, describing the signing of a memorandum-of-understanding (MOU) between RD Fishing Group (RDFG) of the Philippines and the Papua New Guinea Government as a “historic milestone for the country.” The MOU was signed during a ceremony by RDFG, the National Fisheries Authority (NFA), Kumul Consolidate...

In starting a new era that has been proposed to see inclusive growth, the Papua New Guinea Government is planning to increase its economic incentives, according to its newly-released Medium Term Development Plan IV 2023–2027. The plan envisions a “strategic shift” in budget allocations based on 12 specific priority areas of the government that is poise...

Prime Minister Hon. James Marape recently announced the inaugural Papua New Guinea-Asia Investment Conference, scheduled to take place in Hong Kong on October 16-17, 2023. The conference will be hosted by the PNG Chamber of Mines and Petroleum (PNGCMP) and will serve as a platform for government and business representatives from China and other parts of A...

Prime Minister Hon. James Marape expressed his confidence that the Papua New Guinea economy is on the brink of an unprecedented surge, fueled by the advancement of major resource projects within the country. He emphasised that this remarkable economic expansion will inevitably foster the growth of the micro, small, and medium enterprises (MSME) sector. ...

Live cattle import is not the best option to develop the cattle industry in Papua New Guinea; It is a risk rather than good, says the Minister for International Trade and Investment, Hon. Richard Maru. Minister Maru was making a reference to a news article published by Post Courier (Tuesday, June 27, 2023) on the Livestock Development Corporation’s (LD...

Photo: Prime Minister and Foreign Affairs Minister Hon. James Marape with Guangdong Governor H.E. Wang Weizhong and National Capital District Governor Hon. Powes Parkop.-PM’s OFFICE MEDIA Prime Minister and Foreign Affairs Minister Hon. James Marape expressed his appreciation for the increasing trade ties between Guangdong, a prominent Chinese province...

Photo: Bank of China Chairman Mr. Ge Haijiao, Chinese Ambassador to PNG H.E. Zeng Fanhua, PM Marape and Bank of China PNG Representative Audrey Zheng. China-Papua New Guinea relations have reached new heights with the opening of a representative office of China's most globalised and integrated bank in PNG on Thursday 1st June, 2023, at the Stanley Hote...

Deeper trade and investment within the Commonwealth Group of Nations can happen through enhancing and driving the Commonwealth Connectivity Agenda, says the Minister for International Trade and Investment, Hon. Richard Maru who attended the Second Commonwealth Trade Ministers Meeting in London, United Kingdom last week. The Trade Ministers who attended th...

Photo: PM Marape in Parliament.- PARLIAMENT MEDIA Prime Minister Hon. James Marape emphasised the vital role of the recently signed Ship Rider Agreement between the United States of America and Papua New Guinea in fortifying the security of PNG’s maritime borders, addressing the country’s limited capacity and resources in this regard. During his add...

Photo: PNG PM Marape Participates in PIF Leaders Breakfast Caucas Prior to the Korean-Pacific Islands Leaders (Kor-Pic) Meeting, Papua New Guinea Prime Minister Marape joined other PIC Leaders for a breakfast caucus Chaired by Cook Islands Prime Minister and current Pacific Islands Forum Chair Mark Brown, to discuss the agenda and a common position on ...

Photo: Prime Minister Hon. James Marape and Australia Deputy Prime Minister Hon. Richard Marles in Seoul, Korea.-DEPARTMENT OF PM & NEC MEDIA Prime Minister Hon. James Marape met with the Deputy Prime Minister of Australia Hon. Richard Marles on Monday, May 29, 2023, on the margins of the inaugural Korea-Pacific Islands Summit in Seoul, Korea. P...

Minister for International Trade and Investment, Hon. Richard Maru met with his counterpart Minister, Hon. Chan-Yang Lee the Korean Minister for Trade, Industry and Energy on the margins of the inaugural PIC-Korea Leaders’ Summit in Seoul, Republic of Korea on May 30, 2023. Minister Maru was part of Prime Minister Marape’s delegation to the Inaugural Paci...

The Marape-Rosso government will very soon announce “special incentives” to support loyal players in the manufacturing, agriculture, forestry and fisheries sectors focused on serious downstream processing in the country, Prime Minister Hon. James Marape has said. PM Marape announced this to members of Lae Chamber of Commerce & Industry on Thursday,...

Fishing Industry Association of PNG's Tuna Purse Seine Fishery rated the largest global tuna source of MSC-certified tuna The Fishing Industry Association of Papua New Guinea (FIA PNG) has once more gone beyond its expected boundaries to achieve another milestone for the fishing industry relating to the association’s purse seine fishing method. Purs...

Recently, the European Union Delegation in Papua New Guinea was delighted to have Prime Minister James Marape deliver a speech during the Europe Day reception on the 9th of May 2023 at the Lamana Hotel in Port Moresby. Ambassador Jacques Fradin, the Head of the EU Delegation to Papua New Guinea, stated in his speech: "Papua New Guinea continues to be a...