APEC 2018 Featured News

PNG Government sign 14 MoAs with China’s Government

By Theckla Gunga – EMTV News
Chinese diplomats and government official won’t need a visa to come to Papua New Guinea and they will be able to stay for up to 30 days.
This is one of 14 separate agreements signed between Chinese President Xi Jinping and the PNG government.
Other agreements include a loan facility that will be managed through the Department of Treasury  with a grace period of three years and a repayment period of ten years.
China has also promised to provide Scholarships and additional Infrastructure.
It has invested in building the government boulevard, resealing the Poreporena freeway and the reconstruction of the International Convention Centre.
China’s president, Xi Jinping  who spoke at the official opening of the Independence Boulevard yesterday (16 November, 2018) said China will continue to invest in developing the Pacific region.
Prime Minister Peter O’Neill  thanked China’s government and says it is a significant indication of a strong relationship between PNG and China.
China’s government has also assisted PNG to host the APEC Leaders Summit, leaving many outside of PNG question how much PNG owes China.

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