• PNG Business News

Aust-PNG partnership

The Strategic Comprehensive Economic Partnership and an upcoming PNG-Australia Ministerial Forum in Port Moresby will consolidate what this policy entails, which should pave the way to achieve key trade and economic policies the country desires as a nation.

The partnership was announced last Thursday in Sydney by Prime Minister James Marape in which he and Australian Prime Minister Scott Morrison agreed on it. “This is where as equals we will work together to tackle the mutual challenges that facing both our great nations, in the pristine Pacific region,” Mr Marape said.

He addressed the media on his return from his first state visit to Australia yesterday. “I envisage our downstream processed high quality agriculture, timber and fisheries and other goods to find their way into Australian markets into the future,” Mr Marape said.

“I want our highly trained, skilled and experienced work force to find employment in Australia when they are labour deficient to complement our seasonal labour supply especially in areas of technical professions.

“I dream that one day we supply Australia with water and hydro-power generated electricity from the Delta of Papua. And I dream our specialised economic zones will attract industries into doing business here in PNG.

“All these are possible for Australia, which is a world class economy right next door to us in our Pacific family of nations hence fine tuning our relationship is part of the processes building and growing our economy going forward.

“This is where Australia’s commitment to infrastructure support is sincerely appreciated, in partnership with us to enhance electrification and telecommunication capacity. These are the key economic enablers – enablers that will allow our economy to grow.

“Of course, Australia’s partnership in a vast range of other areas to support health, education, policing, defence cooperation and so on continues to be warmly welcomed and received.”

Source: https://postcourier.com.pg/aust-png-partnership/

PNG Business News

2nd Floor, Suite 6,

Corinthian Plaza Building,

Paseo De Roxas, Legaspi Village,

Makati, Philippines

Phone: +632 251 5599

Subscribe to Our Newsletter

  • White Facebook Icon

© PNG Business News