AGP Executive Report
Last update: 2 hours agoInvestment: Prime Minister James Marape says PNG secured more than K500 million in new investment following the Commonwealth summit, where the delegation promoted the country’s priorities on development finance and climate funding. China ties and trade: Marape defended the closure of Taiwan’s representative office, saying PNG’s one-China policy serves its national interests and that China is a major trading partner. Taiwan alleges Beijing pressured PNG and says it has stopped buying PNG liquefied natural gas; PNG’s foreign minister rejects claims the closure will harm the economy. Treasury: Marape appointed Joseph Lelang as Treasurer ahead of the 2027 Budget, moving Ian Ling-Stuckey to Rural Development after seven years in the role. Digital economy: NICTA says stronger laws and consumer safeguards must keep pace with wider internet access. Industry and exports: Commerce Minister Wake Goi is seeking support to complete a national quality policy, aimed at helping local agriculture, fisheries and manufacturers meet international standards. Renewable energy: PNG has asked the International Solar Alliance to help turn its solar ambitions into practical projects.
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