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The economy of Papua New Guinea (PNG) is largely underdeveloped with the vast majority of the population living below the poverty line. [20] However, according to the Asian Development Bank its GDP is expected to grow 3.4% in 2022 and 4.6% in 2023. [ 21 ]
Benefits Papua New Guinea has cited to ASEAN members from the country's accession might include tapping into Papua New Guinea's lead industries such as oil and gas, mining and seafood. [3] In 2015, Papua New Guinea appointed a special envoy to resolve issues related to ASEAN, demonstrating its determination to promote full membership of ASEAN.
Papua New Guinea has been a member of the Forum of Small States (FOSS) since the group's founding in 1992. [73] Papua New Guinea supported Indonesia's control of Western New Guinea, [74] the focus of the Papua conflict where numerous human rights violations have reportedly been committed by the Indonesian security forces. [75] [76] [77]
Papua New Guinea has a High Commission in Canberra and consulates-general in Brisbane and Sydney. [60] Canada: 9 August 1976: Canada is accredited to Papua New Guinea from its High Commission in Canberra, Australia. [61] Papua New Guinea is accredited to Canada from its embassy in Washington, D.C., United States. [62] China: 12 October 1976
Cooperation between Papua New Guinea and the European Union is developed in the framework of Cotonou Agreement within the wider ACP–EU development cooperation. [1] While neighboring Australia as the largest donor is the only country which provides direct budget supports, European Union is one of the major other sources of international assistance in the country. [2]
Papua New Guinea has the largest fishery zone in the South Pacific with a zone of 2.4 million square kilometers. [9] [13] Papua New Guinea harvests and exports 14% of the worlds tuna supply, owing in part to agreements with the EU that allow duty free exports. [13] Tuna accounts for 99% of Papua New Guinea's total fish related exports. [13]
The landslide in the Pacific nation north of Australia buried more than 300 people and 1,182 houses, the Papua New Guinea Post Courier said, citing comments from a member of the country's ...
By 2013, one in three inhabitants of Fiji, Tonga and Tuvalu had Internet access. Growth in Internet access since 2010 has levelled out the disparity between countries to some extent, although connectivity remained extremely low in Vanuatu (11%), the Solomon Islands (8%) and Papua New Guinea (7%) in 2013.