Press Release

Research Conference To Promote Regional Economic Integration

14/05/2018

The PNG APEC Study Center represents a huge opportunity for researchers at the Papua New Guinea National Research Institute, in PNG and abroad to collaborate and bring regional experience to solve local issues.

The PNG APEC Study Center represents a huge opportunity for researchers at the Papua New Guinea National Research Institute, in PNG and abroad to collaborate and bring regional experience to solve local issues.

These connections and partnership across the APEC consortium network have proven in the past to contribute to stronger, more inclusive public policy.

SOM Chairman Ambassador Ivan Pomaleu in his keynote address at the opening of the APEC Study Centers Consortium Conference today said there are emerging digital issues that PNG hopes to take forward in 2018 that is going to help the country solve some of its own connectivity challenge.

“Innovation and block chain technology is highly relevant and potentially huge. “We certainly hope to spotlight some of the structural adjustments that are needed when we start thinking about how to make digital communication more accessible and cheaper.

“PNG wants to concentrate on digital issues in APEC in order to build the connections needed in trade, education, health and in making financial services more inclusive and accessible in remote areas,” said Ambassador Pomaleu. Ambassador Pomaleu further urged that work must continue towards APEC’s goal of achieving a comprehensive integrated Pacific by 2025 and the implementation of the APEC connectivity blue print 2015-2025.

“The important thing in terms of how we benefit from APEC is our subscription to the general notion of an open economy certainly in relation to configuring best practice, policies and trying to ensure an equal playing field within our economy regarding government facilitated trade and investment.

“The challenge for PNG will be to strike a balance so that the actions taken are also relevant to other member economies and at the high end of the development spectrum.

“Being part of the prestigious network of APEC study centers adds a new long-term dimension to our APEC engagement, together with our public and private partners the PNG APEC Study Center will foster research and academic analysis that supports the APEC vision of regional economic integration,” Ambassador Pomaleu stressed.

The APEC Study Centers Consortium Conference is an annual event and in 2018 has been facilitated by the PNG NRI, the 2-day meeting began today in Port Moresby as part of the Senior Officials Meeting 2.