The trade and investment opportunities with one of the biggest economies in the world, India will be one of the focuses of Papua New Guinea (PNG) to explore during the upcoming Forum for India- Pacific Islands Cooperation (FIPIC) in Port Moresby.
Prime Minister (PM) James Marape when updating the country on the arrival of the foreign delegates for FIPIC, said PNG is anticipating the arrival of Indian Prime Minister Narendra Modi, who will be engaging in important dialogues with pacific leaders.
PM Marape said India is an important economic power in the world in the Asian market and to foster stronger relationship with it would mean PNG benefiting in a big way; hence, the FIPIC meeting is an important opportunity for the country to tap into that market.
“Papua New Guinea, we are privileged to have India as a partner and this is the first time ever that India Prime Minister is stepping into our country and for us it has opened a third dimension into our geopolitical relationships,” said Marape.
“It opens up a place for market, for commerce, for trade, and for sourcing technical capacities as far as bilateral relationship is concerned.”
PM Marape said the FIPIC meeting, the main reason for the pacific leaders coming to Port Moresby, is going ahead as scheduled and within budget. Marape also urged the people to embrace the leaders coming to PNG in true Melanesian way.
Meanwhile, the Indian PM along with the New Zealand PM are expected to arrive this weekend with PM Modi to arrive on Sunday 21st May.
Caption: