Category Archives: APEC

New Zealand Supports Papua New Guinea by funding the Eight Proposals

On behalf of the Papua New Guinea government, Hon Justin Tkatchenko thanked the New Zealand government for the initiative taken to support Papua New Guinea as the Asia Pacific Economic Cooperation (APEC) host for 2018. The total support that the New Zealand government will be giving over the next 12 months is NZ$15 million a substantial amount of money for many different areas not just for APEC but all the different meetings from security to logistics and protocol.

The Minister for APEC said, already we’ve had hundreds of our Papua New Guinean protocol staff being professionally trained by the Foreign Affairs protocol division of the New Zealand government which improves the ability and the professionalism of our people when it comes to protocol settings and be leaving a lasting legacy as well for future events and for future protocol issues.

New Zealand was one of the first economies to support the Papua New Guinea’s bid to host APEC 2018. High Commissioner Sue Mackwell said, we are extremely excited to continue to support Papua New Guinea as it prepares for a very special event .

High Commissioner Mackwell acknowledge the challenges of hosting APEC – something New Zealand is also preparing for as they look to become hosts in 2021

APEC House on Schedule

Press Release

 

Prime Minister Peter O’Neill made a site inspection of the APEC House in Port Moresby yesterday and expressed,

“The APEC house is certainly going to host one of the very most important meetings ever held in this country in November this year. This is an historic event for Papua New Guinea and for the Asia Pacific region. The Issues that are going to be discussed in this particular building will have impact on the global stage. The 21 Nations that are going to be here on that occasion will represent over 50% of global trade and 50% of the global GDP. This 21 Nations play a very important role in the global economy and the economic growth that we continue to have in the region.

The Asia Pacific is seen as the engine room for the global economic growth and the meetings are going to have enamours impact on the confidence of investors that are going to come and invest in our country. Many countries around the world and many investors especially do not have much knowledge about our country, they do not know where our country is and do not know the potential of our country. That’s why such global events like this is another opportunity for PNG to show case itself to the investment community all around the world.

PNG will be highlighted in every Television stations and Newspapers around the world in that particular week in November and that is an important exposer for Papua New Guinea. I am pleased that this particular building is taking shape according to the timetables that are being set and on schedule and PNG is looking forward to welcoming the leaders that are going to come.

I would like to announce that we have already secured the services of the P&O cruisers, three large cruise ships that will be parked here in Port Moresby at our harbour which will cater for 4,000 rooms that will adequately accommodate for all the candidates that will come in to this country, and also in addition to that, Hilton Hotel is now on schedule to be completed well before November. So I want to assure the Nation and our people that we are now ready to host this very important event.

Let me also stress again, unlike many of our critics who said that we are spending billions of Kina in terms of hosting this event we all know we don’t have such money. We have spent less than five hundred million kina by the time we finish in November. The benefits that will come to this Nation is far more than what we have spent we have spent. The billions of kina that will be attracted in terms of investment will be far more than the investment that we are making in hosting this event. So lets us embrace this occasion let us work together in welcoming our most important VIPs including the President of the United States , President of Russia , President of China, Prime Minister of Japan, and many of the other global players that we read and hear about are going to make a first time trip to Papua New Guinea, and on that occasion let us showcase our best.

Let me thank the constructors of this building. Oil Search our partners in developing this building. APEC Minister and his staff and all the construction workers and every person who is involved in this process without your contribution and without your efforts we will not make it a success. Let us stay focus and let us perform beyond our expectations to showcase the best of our ability so that we will be able to have a very successful APEC meeting in PNG.

This is our first meeting that we are hosting as a member country. We have been a member for over 20 years and we have never hosted an APEC meeting. We have been just a attendant and observer in many of this proceedings whereas many other economies have hosted it two or three times already. So it is our turn to stand up and be counted in that particular organisation, that is why we are hosting this meeting for the first time in this country. It maybe another 20 or 30 years before we host another one. So let us make the best of it when we can. As I’ve stated before, after this meeting this building will be a world class museum showcasing our arts and culture that is unique to the world, and I can assure you that this will be the number one tourist destination in the country for many years to come.”

Papua New Guinea Ready for APEC

APEC Minister Justin Tkatchenko met with the Chinese Ambassador to PNG, Xue Bing, on Wednesday at the National Convention Centre. The two leaders re-confirmed both countries commitment to ensure further enhancements to the 43.5 million venue are made within the next three months.

A very confident APEC Minister Tkatchenko expressed, “APEC ready is the word that we will be using a lot because I’m confident with the Prime Minister’s personal approach to this. We have the right people in place to lead APEC 2018, we can’t go wrong.”

He confirmed that up to 200 meetings will be held in the lead up to the main APEC meetings in November this year.

Ambassador Que urged contractor China Jiangxi International Corporation to concentrate on the task at hand.

He also announced that China’s President, XI Jinping, would be making an official visit in April during the 2nd Senior Officials Meeting (SOM 2).

Xi Jinping was one of the first leaders to confirm when he met Prime Minister Peter O’Niell in Beijing.

Tariffs Counter APEC Free Trade

By : Post Courier

THE recent moves to increase more than 900 tariffs run counter to the principles of APEC, which champions free and open trade.

This is according to the Opposition, who says the O’Neill Government should review its approach to trade as a matter of urgency so that it does not contradict priority APEC resolutions.

Shadow Minister for Treasury, Ian Ling-Stuckey, said the recent senior official’s meeting in Port Moresby highlighted APEC’s support for a rules-based, free, open, fair, transparent and inclusive multilateral trading system.

“We need to be true to APEC’s mission of ‘championing free and open trade and investment, promoting and accelerating regional economic integration,” Mr Ling-Stuckey said.

“The O’Neill Government needs to urgently review its approaches to trade as the recent moves to increase more than 900 tariffs run counter to the principles of APEC.

“We do not want to come across as hypocrites as we host this meeting, otherwise that would really be wasting opportunities from what will be an expensive summit for PNG.

“We should urgently finish the proposed second stage of the Sir Nagora Tax Review, which indicated it would look at the issue of tariffs, certainly in a more systematic and efficient manner than the recent government changes.

“We should look at better policies to get per capita growth going again and ensure the benefits are spread across our rural communities, not just some isolated projects benefitting a few.

“We need to think about getting our agricultural products to the markets of all countries in APEC, not just PNG supermarkets under protectionist barriers.

“With PNG hosting the APEC Summit in November 2018, it is important that we seize its opportunities for promoting PNG and advancing our development.

“While the Alternative Government considers that there were much better ways to promote PNG and all it has to offer, and wiser ways to invest the huge costs for the summit into health, education and infrastructure, it is now too late and it would be too embarrassing to pull out from hosting the Leaders Summit.”There are some important things we need to do to make the most of this opportunity.”

PM O’Neill Highlights PNG APEC Business Opportunities in China

Press Release

Office of the Prime Minister
Papua New Guinea

 

The Prime Minister, Hon. Peter O’Neill CMG MP, has invited leading business leaders from China to join with other global leading business leaders at the APEC 2018 CEO Summit in Port Moresby next year.

Speaking alongside the Prime Minister of Canada, the Rt. Hon. Justin Trudeau, and Vice Premier of China, H.E. Wang Yang, at the Fortune 500 Global Forum in Guangzhou, China, this morning, the Prime Minister also promoted that key elements of the APEC 2018 agenda.

“Logistics and security preparations are underway for Papua New Guinea to receive the 15,000 delegates and businesspeople, as well as world leaders, who will attend APEC events next year,” the Prime Minister said.

“The first meeting of APEC 2018 actually began today in Port Moresby with the Informal Senior Officials Meeting, and I am advised that it is proceeding well.

“The 2018 APEC policy agenda is also evolving and has a focus on inclusion and the digital economy, which is important for people in all countries.

“The digital future, and the opportunities that are before us, are beyond anything we could have imagined just a generation ago.

“But access to these technologies must be inclusive.

“We need to make sure people right around our countries can have access to the Internet, online services and banking, particularly in remote and rural areas.

“We must endeavor to leave no-one behind, to be inclusive and share opportunity, and this is the focus of APEC work on these issues.

“As we continue to open our economies to increased trade and people-to-people contact, we there is a lot to be gained.”

In his address, and in a subsequent bilateral meeting with Vice Premier Wang, the Prime Minister highlighted the business opportunities that are evolving in Papua New Guinea for global investors.

“Papua New Guinea is not a country that will stand-by and wait for investment to come to us.

“We are proactive, and engage with partners around the world to highlight the opportunity that our economy offers.

“As Chair of APEC 2018, Papua New Guinea will be inviting thousands of senior business people to take part in APEC activities throughout the year, and this will provide and opportunity for them to see first-hand the economic potential of our country.”
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Papua New Guinea’s Prime Minister, Peter O’Neill, with China’s Vice Premier, Wang Yang, and Canada’s Prime Minister, Justin Trudeau, at the Fortune Global Forum today in Guangzhou, China.

PNG Moving into a Cashless Society

By : Post Courier

 

Papua New Guinea’s remote areas are now moving from traditional communities to the modern economy in the space of one generation, which is an enormous challenge.

APEC Minister Justin Tkatchenko said advances in mobile phone technology were already enabling people in Papua New Guinea and around the world to manage their finances without having to carry cash.

And this will be the topic of discussion in today’s session, with the aim to address the challenges PNG faces, and to develop solutions that authorities and its government can apply in communities throughout the APEC region.

“I am particularly interested in looking at how our economies can move to a cashless society – using modern technologies,” he said.

“Advances in mobile phone technology is already enabling people in Papua New Guinea, and around the world, to manage their finances without having to carry cash.

“Our people can pay their electricity bills and make purchases simply by using their mobile phones. But for economies like Papua New Guinea, particularly in remote areas that are moving from traditional communities to the modern economy in the space of one generation – this is an enormous challenge.

“That is the whole point of this symposium today – to address the challenges we face, and to develop solutions that we can apply in communities throughout the APEC region. I am confident that this symposium, with its impressive line-up of subject matter experts, will set the foundations upon which we can advance APEC’s ongoing agenda.”

“Then for upcoming SOMs, I hope you can see other locations and people around Papua New Guinea – from the Highlands to the Islands.

“May you have fruitful discussions during the course of the following year.

“I look forward to welcoming you and your leaders in November 2018 to Port Moresby for the Leaders’ Summit.

“Our Melanesian culture dictates that we make your stay here in Papua New Guinea as comfortable, enjoyable and productive as possible.”

New APEC Stamps Launched

By : Post Courier

 

Papua New Guinea has become the first country to release a series of APEC stamps which feature sustainable development goals, according to United Nations representative coordinator Mr Roy Trivedy.

Mr Trivedy’s remarks came after he officially launched the stamps at the Post PNG headquarters in Konedobu, Moresby South.

Mr Trivedy said the United Nations Development Programme (UNDP) and Post PNG have produced this series of collector’s stamps featuring sustainable development goals and APEC.

The unique series of stamps showcase the five sustainable development goals of people, prosperity, planet, peace, and partnership along with a special APEC stamp.

Each stamp illustrates a look of Papua New Guinea’s contributions to sustainable development and the rich and unique culture of the country.

“Nowhere in the world has these stamps ever been done on the systems of development goals. No other country has done it and APEC is the biggest single event in our country and our history.

‘‘I am thrilled and proud in a small way, to have contributed to this, which began as a little Idea to what it is now. It is going to earn post PNG a lot of money,” said Mr Trivedy.

He spoke on how the stamps showcased Papua New Guinea as an emerging global leader on the theme of growth and sustainability.