Business News Southern

Israel Eyes PNG To Partner In developing Agriculture Sector

 

by Theckla Gunga – EM TV, Port Moresby

Papua New Guinea is amongst the top four nations in the world that Israel is eyeing to partner with in developing its agriculture sector.

Minister for Trade Commerce and Industry, Richard Maru, announced this today upon his return from Israel.

Minster Maru said PNG can learn a lot from Israel and he will be recommending the state to establish a PNG Embassy in Israel in the coming parliament sitting.

Minster Maru made a number of important announcements that will see PNG strengthening its bilateral relation with Israel.

These announcements include feasibility studies that will be conducted in Ramu Valley in Madang, Sepik Plan in East Sepik, Markham valley in Morobe and Baiyer Valley in the Western Highlands province.

The studies will be aimed at identifying potential areas to grow the different cash crops and vegetables that will be exported out of PNG.

Maru said the agriculture sector in PNG will be transformed if we bring in the agriculture expertise, skills and knowledge from Israel and use them in PNG.

Last month, Maru represented the PNG government and led a delegation to Israel where he attended the 19th International Agriculture Exhibition.

The event presented great opportunities for the development of our agriculture sector and was attended by over 35 nations.

The conference paved the way for more discussions between private sectors of both nations that may eventuate in the creation of a Private Entity Fund in PNG to finance large scale agricultural and commercial activities within the country.

The move to partner with Israel is predicted that it will see an increase in the output of farm and livestock produce in the country.

While bilateral talks are expected to continue between the two nations, the Trade, Commerce and Industry department is already planning on assisting the Israeli government to stage its first ever Inaugural Israel Trade and Investment Tradeshow in PNG.

 

https://youtube.com/watch?v=DazLXjABA0c%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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