PNG to attend trade expo in Indonesia

Business

INTERNATIONAL Trade and Investment Minister Richard Maru says PNG will attend the Trade Expo Indonesia (TEI) 2022 to be held next month to demonstrate its commitment to a trade agreement with Indonesia.
Maru, who was officially invited to lead a Papua New Guinea (PNG) trade delegation to the expo in Jakarta from Oct 19-23, said it was timely given a recent announcement to make trade with Indonesia a priority.
TEI attracts about 40,000 visitors from around the world annually with more than 1,000 exhibitors and more than US$6 billion (about K20.62 billion) worth of transactions under its seven zones of exhibition.
These include manufacturing, healthcare and beauty, furniture and home décor, food and beverage, fashion and accessories, medical equipment, and digital and services.
Maru was invited by Indonesian Ambassador to PNG Andriana Supandy during a bilateral meeting yesterday.
Maru said his office would seek funding to take a large contingent comprising ministers, MPs, representatives of SMEs, state owned entities, business community as well as those from border provinces East Sepik, West Sepik and Western, and those from other provinces, sectors and organisations.
He said it would a good opportunity to have people-to-people and business-to-business connections.
“We want to show you our commitment by going there right after our policy pronouncements.”