Economy

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How would you characterise Australia’s relationship with Papua New Guinea from a trade perspective?

What policy measures would be most effective in boosting GDP growth in PNG?

Papua New Guinea’s international profile received a boost when it chaired the APEC forum in 2018, an event that culminated in the APEC Leaders’ Summit in Port Moresby in November of that year. During the meeting, leaders from some of the world’s largest economies congregated in the capital to discuss a host of regional issues. While the business climate is hampered by...

While economic diversification is expected to improve the business climate and incentivise investment, stakeholders are concerned that possible legislative changes may result in Papua New Guinea failing to reach its potential in attracting foreign capital.

Despite being struck by a deadly earthquake in the first quarter of 2018, PNG managed to successfully stage the APEC Leaders’ Summit in November of that year, a meeting which resulted in the signing of a number of trade and investment agreements that are expected to have a significant economic impact. While investor appetite remains subdued as a result of high operating costs...

How do you foresee the Papua New Guinea’s relationship with the EU evolving in the coming years?

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