International Business Division’s primary responsibility is to create and maintain the expanding linkages between international investors, traders, producers and the local entrepreneurs to maximize trade gains for the PNG economy. In doing so, the Division covers responsibilities associated with the implementation of the National Trade and Investment Policies thereby providing necessary support to local businesses seeking investment and market development opportunities here and abroad.
Having this common goal to develop our products and raise competitiveness globally, the Division works with a spectrum of potentially winning and capable local producers to participate in both local and international trade and investment roadshows, exhibitions and seminars. The Division supports implementation of the various international treaties that PNG is a party to, including international commodity agreements and the Investment Promotion and Protection Agreements in consultation with key stakeholders.
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Coordinate our industries to strategize on finding international business partners and maximising potentials presented through our collaboration in partnership with the Industry Division and private sector peak bodies.
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Enhance the work of specific sectors that effectively need the support of the government to engage in international business in conformity to PNG’s investment and trade policies as well improving standards & competitiveness of PNG products.
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Research and engage in market analysis to ensure PNG products effectively meet market access requirements and are competitive internationally.
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Provide the necessary platform and coordinate PNG’s participation in local & international trade fairs, expositions, and road shows.
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Work with Local Commodity Boards and industry stakeholders establishing regular dialogue with the International Commodity Boards to understand issues and for effective participation in meetings/seminars, etc, thereby gaining maximum benefit from these affiliations.
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Coordinate stakeholder participation and coordinate International Coconut Community Issues in liaison with the Pacific Regional Coconut Governance Board.
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Prepare briefs, ministerial statements and talking points regarding trade and international business as well as courtesy calls by foreign dignitaries and investors.
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Support the Minister on protocol, liaison and coordination on international meetings, conferences and dialogues as well as trade missions led by the Minister for Commerce & Industry.
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Work and collaborate with Department of Foreign Affairs and Trade, and key border agencies on developing border areas to facilitate business flow across our borders.
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Lead support and participate in negotiating and drafting investment promotion and protection agreements with other state agencies such as IPA, DJAG& DFAT.
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To collect and analyze business, market and trade data and make such information readily available to potential Papua New Guinea Exporters through websites and handbooks.
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Review the PNG Investment Policies Volumes I & II with a view to coming up with a refined and comprehensive Investment Policy able to address key FDI and domestic investment issues.
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Contribute to formulation and review of trade, business and commercial investment policies, agreements and treaties maintaining department’s position in those processes.