World Trade Organization

PNG maintains position on Fishing Subsidies

Minister for International Trade and Investment, Richard Maru indicated this to his counterparts from Pacific ACP who had gathered in Abud Dhabi, United Arab Emirates for the World Trade Organization (WTO) 13th Ministerial Conference (MC13).

Polye urges WTO to intervene in proposed rice import quota

“The import quota is anti-competitive and unfair for our long time companies which have been the industry players. It is not a sound economic decision,” he says.

Poly says Naima Agriculture Investment Ltd, which the quota would protect, lacked the capacity to meet the demand.

He says NAIL announced that it would produce 200,000 tons or 200,000 000 kilograms of rice, adding it would import rice to fill the gap.

“Our people will be big time losers,” stresses the Opposition Leader.

Warning over American Samoa wage hike proposal

American Samoa's governor Lolo Matalasi Moliga has proposed increasing the local minimum wage on condition the US Congress provide a federal subsidy to support the rise.

The minimum wage in the territory is set to rise by 50 cents in September, following a three year wage freeze.

StarKist's fish cannery in Pago Pago is one of the territory's biggest employers.