Investor Presentaiton slide image

Investor Presentaiton

Policy Suggestions Based on the findings, this study recommends that: • • • PNG is to embark on the expansion of their mineral energy exports to new potential markets. . This export revenue should help them in developing and diversifying their industries especially Agriculture Apart from the NTMs the government recently raised the provision of higher tariff for domestic import- competing industry. • This may have an adverse effect on their exports if their trading partners responded negatively. PNG has trade potential with six (6) Asian countries within her reach. • The PNG government should strategically position herself in the northern segment of the South Pacific to bring these Asian countries closer in terms of trade and making them a gateway for the Pacific to these Asian economies. On the positive side, due to PNG's non reliance on tourism like most of the PICS and their positive trade balance, there is hope that they will achieve the revised economic growth from 3% to 3.7% as projected by IMF. Finally, PNG should push for economic transformation in the industries that have the potential to increase their international trade; this will have to be backed up with good governance, good environmental practices, international labor standards and a resilience policy that will sustain them during natural disasters.
View entire presentation