Josh Frydenberg

Treasurer Discusses Economic Investment With Aust.

Increased investment flows into PNG to help grow the economy, was the key item of discussion. 

Mr Ling-Stuckey said it was also an opportunity to relay the Marape-Basil Government’s gratitude for the strong support from Australia in dealing with the devastating health and economic impacts of COVID-19 in Papua New Guinea.

“A key example of this is the planned investment by Telstra into PNG. 

“There was agreement that this major investment could serve as an example for other Australian companies making major future investments. 

Climate change action plan signed

Papua New Guinea’s Minister for Environment and Conservation, John Pundari, and his Australian counterpart, Environment and Energy Minister, Josh Frydenberg, have both signed the Papua New Guinea-Australia Climate Change Action Plan.

Through this agreement, both countries acknowledge their mutual commitment to implementing the Paris Agreement, which reinforces stronger regional cooperation to address climate change risks whilst also contributing to mitigating climate change.