Trade Agreements To Push PNG Economy


PNG must identify countries that are interested in its products and immediately commence discussions and signing of trade agreements.
This was the push from the Fisheries Minister Patrick Basa at the opening of the First Pacific Seafood and Technology Exposition on Tuesday. Mr Basa said steps which have already been undertaken by the National Fisheries Authority to consider the establishment of a Fisheries Trade Lobby group comprising government sector representatives was a step in the right direction and must be treated as a matter of urgency.
He said the expo which had the backing of the O’Neill government was in line with the vision of the Pacific leaders’ calls for a regional roadmap for sustainable fisheries adding that the region could not afford to sit back and wait for opportunities.
“We must be able to have seafood products packed properly and be able to compete in the world market,” Mr Basa said.
“In doing so, our SMEs will be able to get better returns for their products in turn generating spinoffs and other opportunities not just in PNG but throughout the region. He urged also that given the demand all over the world for seafood and marine products from the Pacific particularly in processed and packaged forming partnerships would be key between the SMEs and processors.
He said this is because it would be able to meet market demand adding such an arrangement would ensure transfer of skills.

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