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“Our government has already declared its intention to pursue downstream processing, and we do not have to reinvent the wheel. Indonesia is true subsequent door, able to share its expertise and supply assist,†said Minister Maru. He continued, “For practically 5 Business News a long time, PNG’s engagement with Indonesia has largely focused on border and security talks, which haven’t resulted in improved border services, direct shipping links, job creation, or significant trade between our nations.
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Richard Maru, has highlighted Papua New Guinea’s new give consideration to attracting Indonesian investments following current high-level engagements between the 2 nations. These include State Visits by the Heads of both international locations, a trade and investment mission led by Deputy Prime Minister Hon. John Rosso, and the signing of a Joint Declaration establishing a high-level Dialogue and Cooperation Mechanism. Minister Maru remarked, “Indonesia’s financial system has grown tenfold over the past 20 years, driven partially by the government’s policy of banning raw material exports.