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PNG opens Trade Office in Taipei


Prime Minister Peter O’Neill has described the opening of Papua New Guinea's Trade Office in Chinese Taipei as a milestone event in the short history of Papua New Guinea's trade and economic relations with Taiwan.

“The Opening of the Papua New Guinea Trade Office in Taipei complements the Taiwan Trade Mission in Papua New Guinea which is an important source of trade and investment,” the Prime Minister said.

He said through this relationship, “ we are facilitating technical assistance and innovation in agriculture, in fisheries cooperation as well as developing Taiwan as a growing market for the liquefied natural gas (LNG).

“Taiwan is a leading economy in agriculture, which has also served as a strong foundation for building economic growth. With agriculture being a vital sector for Papua New Guinea, we stand much to gain from the expertise of Taiwan through this arrangement.”

Mr O’Neill says Taiwan has made remarkable inroads in Papua New Guinea’s agricultural sector through the introduction of innovative farming methods and techniques in various Provinces.

Prime Minister Peter O’Neill

“This includes working with the Department of Agriculture in assisting farmers in setting out rice extension seed fields in Morobe, Madang and other Provinces.

“There has also been a trial of watermelon and melon crops supported by Taiwan, assistance in planting various vegetables and an irrigation system in Erap Farm,” he said.

Taiwan technical officers have also assisted prisoners at the corrective institutions in cultivating maize and developed other agricultural projects in Church- run schools in Bumayong and Naweab, in Morobe.

The Prime Minister says Taiwan opens a new frontier in trade and development that will continue to grow.

“As an APEC member economy, Chinese Taipei and Papua New Guinea participate in ongoing multilateral and bilateral discussions that create new opportunities for trade and job creation,” he said.

There is potential to explore new areas of economic cooperation between Papua New Guinea and Taiwan including enhancing micro and small and medium size business which is being actively pursued by Ministry of Commerce and Industry.


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