What are the key benefits of the Economic Partnership Agreement (EPA) for both parties?
What are the key benefits of the Economic Partnership Agreement (EPA) for both parties?
With its state motto, “Unity in Diversity”, Papua New Guinea is indeed a country with outstanding ethnic, linguistic and cultural variety, resulting from the rugged and mountainous geography of the main island of New Guinea, and the isolation of the smaller islands of the archipelago. PNG is a young nation, and its diversity has shaped efforts...
How can ASEAN assist member states in addressing significant infrastructure challenges?
In February 2012 the Parliament of Papua New Guinea passed a bill to establish a sovereign wealth fund (SWF) for the nation. The fund is the result of more than two years of public and private sector consultation and lobbying by the government. It will be used to manage revenues from ExxonMobil’s PNG liquefied natural gas (LNG) project. The SWF is...
The People’s Republic of China (PRC) has become an active partner of Papua New Guinea in recent years, and the close ties have risen each to prominence in the other’s homeland. PNG is China’s largest trading partner among South Pacific nations, while the Asian powerhouse has climbed to second place, behind Australia, in terms of trade volume...
Today the idea of the “developed West and developing rest” is all but irrelevant. The world has changed and so must the UK if we are to prevent our role and influence in international affairs from declining. Key to this will be making the most of opportunities presented by a new international paradigm in which economic power and influence is...
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