Press Release

Prudent policy support for the APEC will benefit people in rural areas

08/03/2018

Prudent policy support for the APEC will enable implementers to progress well in terms of market access to people in the rural and remote areas of Papua New Guinea. That's according to the Director Economic Committee from APEC Authority Marie Eorage during the Economic Committee Meeting on Monday, March 5, at the Laguna Hotel in Port Moresby.

She said under the theme for APEC 2018 "Harnessing Inclusive Opportunities, Embracing the Digital Future", Papua New Guinea did well although there were challenges. "For Papua New Guinea, we have secured funding through the Financial and Regulator Policy done through this Economic Committee".

"When we have the policy support it gives the implementers on the ground like the Bank of PNG, National Development Bank and others to progress well in terms of market access to the people in the rural and remote areas of Papua New Guinea". "From the policy level, they try to domesticate the APEC agenda so we can see how to implement it," Mrs Eorage said. The outcome of this meeting will be presented to the Senior Official Meeting on Thursday 8 March 2018 by PNG APEC Ambassador, Mr Ivan Pomaleu.