Trade Bill

Parliament Passes Landmark National Trade Bill

The bill was presented by the Minister for International Trade and Investment, Richard Maru who, in 2017 introduced the National Trade Policy and the SME Policy and Master Plan. 

Minister Maru said the National Trade Bill 2023 was one of the most important laws in terms of trade and investment because it was set out to achieving the PNG Vision 2050 which specifically notes the importance of diversifying the economy by promoting and expanding trade and investment in the country.