On the cusp of a major resource windfall over the next decade, the government is establishing the means to manage such inflows in Papua New Guinea’s small and open economy. Like 58 other countries, PNG is in the process of establishing a sovereign wealth fund (SWF) just as liquefied natural gas (LNG) exports begin to flow from the PNG LNG...
Australian Prime Minister Tony Abbott flew into Port Moresby in late March 2014 accompanied by a major delegation of business leaders, with trade and investment on their minds. And, after a busy agenda, he left three days later with an economic treaty and the basis of potentially the most productive relationship Australia and Papua New Guinea...
In Papua New Guinea’s small economy, trade and investment flows play a determining role in both growth and macro-economic stability. The economy is gradually rebalancing its traditional dependence on its southern neighbour Australia for both trade and investment, leveraging on Asia’s continued appetite for its natural resources. While lower...
What, in your view, are the key priorities in Australia’s relationship with Papua New Guinea, especially in light of the growing trade and investment ties between the two countries?
In light of recent changes to its energy production profile, to what extent will the US remain engaged in frontier areas like the South-west Pacific?
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