Course summary: trade and business in Papua New Guinea
Main economic sectors of the Independent State of Papua New Guinea are: Agriculture, Livestock, Forestry, Mining, Petroleum, Tourism, Hospitality, Fisheries,
Marine resources, Manufacturing,
Retailing and Wholesaling, Building and
Construction, International Transport, Telecommunications,
International Finance and Trade.
International Trade of Papua New Guinea
- Top exports of Papua
New Guinea: gold, silver, copper, crude
oil, logs, timber, coffee, palm oil, cocoa, copra ...
- Top export markets of Papua New Guinea: Australia, Japan,
South Korea,
People's Republic of China, Germany,
United States, United Kingdom and Singapore.
- Top import partners of Papua New Guinea:
Australia,
Japan,
United States,
Singapore,
New Zealand, United Kingdom,
People's Republic of China and
Hong Kong.
- The Independent State of Papua New Guinea is member of APEC ©,
Pacific Islands Forum (PIF),
Oceania Customs
Organisation (OCO)
The Government of Papua New Guinea is promoting Foreign direct investment (FDI). The Investment Promotion Authority
of PNG
is the agency centered on attracting new foreign investors to
PNG.
The capital of Papua New Guinea is Port Moresby (255,000 people).
Papua New Guinea obtain independence from Australia in 1975
Example of the course doing business in Papua New Guinea:
Papua New Guinea is member of: APEC © Asia-Pacific Economic Cooperation, Association of Southeast Asian Nations (observer),
IMF, United Nations, Conference on Trade and Development (UNCTAD), World Trade Organization,
Asian Development Bank (ADB),
Economic and Social Commission for Asia and the Pacific (ESCAP),
Colombo Plan, PEEC, Pacific Islands Forum (PIF),
Oceania Customs Organisation (OCO)
(Es): Papua
