EU Deal Finally Signed

The Financial Agreement on the European Union funding of K340 million kina for the Support to Rural Entrepreneurship, Investment and Trade Project or STREIT Program has been signed in Port Moresby today.   The funding is for agricultural activities specifically to assist Cocoa and Vanilla growers including Fisheries project in East Sepik, two districts of West Sepik, Madang and Milne Bay provinces.    

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EU aims for long term climate deal by ‘early 2020’

Talks on a climate plan for 2050 should wrap up by the end of this year in view of final adoption in early 2020, according to the draft conclusions of an EU summit taking place this week in Brussels. EU leaders are set to grant the incoming Finnish EU Presidency a mandate during this week’s summit to ramp up talks on an ambitious plan to make the bloc carbon neutral by 2050.

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