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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 ]
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
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]
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]
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.
The 87-year-old pontiff, originally from Buenos Aires, is on a 12-day tour of Indonesia, Papua New Guinea, East Timor and Singapore in part aimed at spurring global action on climate change. His ...
The Chinese have long been merchants in Papua New Guinea. [19] [20] On the same year, Papua New Guinea asked various southeast Asian nations for their support for Papua New Guinea's full membership bid in the ASEAN. Indonesia supported the bid after Papua New Guinea supported Indonesia's hold on its Papua region.