The Papua New Guinea Chamber of Resources & Energy (PNG CORE) has formed an Asia Pacific Sub-Committee, a move described as forward-thinking in promoting diversity, inclusion, investments, and enhanced relations within the resources and energy sector between PNG and Asian economies. The initiative aims to encourage greater involvement of Asian companies in PNG and PNG businesses in Asia, fostering mutual growth opportunities. A statement released reveals that PNG CORE aims to capitalize on Asia's pivotal role in the global economy and its increasing interest in natural resources and energy. In addition, the statement highlights, that the establishment of the Asia-Pacific Sub-Committee marks a strategic enhancement to PNG’s current framework, focusing on the underrepresented segment of Asian enterprises within the PNG CORE membership. The statement reported that it aims to establish a dedicated platform for fostering engagement, collaboration, and advocacy, driving mutual growth, and facilitating technological and knowledge exchanges within the pivotal sector. It was also mentioned that the primary objective is to create a bridge for increased market participation, investment flows, and policy support conducive to the growth of both Asian and PNG companies. The Sub-Committee will advocate for beneficial policies, facilitate direct investments, and support technology and trade opportunities, enhancing global perspectives and diversity within the resources and energy sector. Furthermore, it was stated that the Asia-Pacific Sub-Committee will be led by a chairperson elected from among its members, representing diverse companies operating in Asia and PNG. Administrative support will be provided by a secretariat offered by PNGCORE. As a prominent advocate for Papua New Guinea's resources and energy sectors, PNG CORE strives for their advancement through collaboration and networking, aiming to boost their contributions to the national economy and sustainable development. “We call upon all partners and stakeholders to engage in this transformative journey as we adopt a global perspective and an international outlook to advance our industry.”