The International Centre for Settlement of Investment Disputes has ordered Papua New Guinea's government to stop interfering in the management of PNG Sustainable Development Program.
Trade minister Maru says PNG has an urgent need to negotiate and enter into new trade and investment agreements with Indonesia, Philippines, China and Malaysia in order to produce food locally.
For Gary Juffa -- the Governor of Papua New Guinea's Oro province and one of the region's most outspoken critics of free trade -- neoliberalism is a hard pill to swallow.
The Melanesian Spearhead Group (MSG) of which Solomon Islands is a part of, is now ready to implement its Free Trade Agreement between at least three of its four members.
Spain’s tuna canning industry is feeling under attack by Papua New Guinea’s privileged access to the European Union market. Spain is consequently engaging in a smear campaign against the tariff-free market access of PNG and the Parties to the Nauru Agreement, a fisheries industry consultative meeting was told this week.
Pacific ACP countries have again reiterated their commitments to conclude negotiations on the Economic Partnership Agreement (EPA) with the European Union (EU) by the end of the year.
The agreement provides for the elimination of tariffs and more flexible rules of origin for various food products from Fiji and PNG, such as fish. But the European Parliament has asked the Commission to suspend the exceptions to the rules of origin if this year proves to have "a disruptive impact" on European industry.