PNG High Court Orders Election of Opposition Leader After Legal Dispute

Papua New Guinea has urged New Zealand to step up its investment footprint as both countries look to refresh their economic relationship. The call came from PNG International Trade and Investment Minister Richard Maru during a meeting with the New Zealand–PNG Business Council in Port Moresby.

He said the Council’s delegation is in the country to identify potential business partners and examine areas for cooperation. Maru pointed out that PNG exports only US$15 million worth of goods to New Zealand, compared with US$150 million in imports from New Zealand, and stressed the need for support so PNG producers can meet strict biosecurity rules.

 PNG International Trade and Investment Minister Richard Maru

Maru said it was disappointing that New Zealand has shown limited investment interest over the last 50 years despite strong diplomatic ties. He highlighted chicken, dairy and other value-adding industries as attractive options for investors, aligning with PNG’s push for more exports and fewer imports.

He emphasised that Australia currently leads investment flows into PNG with more than AU$27 billion and described Australia’s involvement as “very aggressive.” He said New Zealand must make a strategic decision about its role in the region.

Maru added that with major resource projects such as Papua LNG and Wafi-Golpu progressing, the investment climate is favourable. He said PNG is poised for around five percent growth over the next 20 to 30 years, providing stability for foreign investors.

He reaffirmed PNG’s position against PACER Plus and said a bilateral Comprehensive Economic Partnership Agreement with New Zealand would be more beneficial. He also noted the lack of direct flights as a barrier to business growth. “It is time for both countries to review their relationship and take bold steps to strengthen trade and investment.”

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PNG High Court Orders Election of Opposition Leader After Legal Dispute