APNGBC NEWS : 9th Mar 2017

Business Dialogue at the 25th Australia Papua New Guinea Ministerial Forum

Report on Business Dialogue held in Madang on 8th March ahead of the 25th Australia Papua New Guinea Ministerial Forum

— By APNGBC

The Business Dialogue at the 25th Australia Papua New Guinea Ministerial Forum was held in Madang, Papua New Guinea, on Wednesday 8 March 2017.

The following representatives of the Australia Papua New Guinea Business Council executive committee participated: Mark Baker (Vice-President), Peter Taylor (Past President) and John Chambers.

Representatives of the Business Council of Papua New Guinea and the Council’s PNG Branch also participated.

Australian Ministers participating were the Hon Julie Bishop MP, Minister for Foreign Affairs, the Hon Peter Dutton MP, Minister for Immigration and Border Protection, Senator the Hon Concetta Fierravanti-Wells, Minister for International Development and the Pacific, and the Hon Keith Pitt MP, Assistant Minister for Trade, Tourism and Investment.  

Papua New Guinean Ministers attending were the Hon Rimbink Pato MP, Minister for Foreign Affairs and Immigration, and the Hon Charles Abel MP, Minister for National Planning.  

Discussions in the Business Dialogue were focussed on the following topics: 

  • Macroeconomic management, including foreign exchange access.
  • Trade, investment and market access issues.
  • Business engagement including
  • Business and Officials’ Working Group, and
  • Business and Development Round Table
  • People to people links including labour mobility and immigration arrangements

Operating environment update including infrastructure development and maintenance and contractual processes.

A Joint Communique was issued at the conclusion of the Forum along with a media statement by the Australian Minister for Foreign Affairs. 

There are a number of paragraphs in the Joint Communique which are of particular interest to business, in particular paragraphs 4 and 25 to 32.  Other paragraphs may also be of interest.

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