Welcome to the Offical Website for International Trade & Investment 2024
Abu Dhabi, February 25, 2024- Minister for International Trade and Investment & the Head of the Papua New Guinea (PNG) delegation, Hon. Richard Maru arrived in Abu Dhabi yesterday morning (local time) to attend and participate in the World Trade Organization (WTO) 13th Ministerial Conference (MC13) which is being hosted by the United Arab Emirates (UAE). The MC13 will be attended by Ministers responsible for trade from the 164 member states of the WTO from February 26- 29, 2024.
Message from the Minister for International Trade & Investment, Hon. Richard Maru, MP, BTech, MBA, OBE
Please allow me to take this opportunity to thank my people of Yangoru Sausia District for voting me back to represent them in this term of Parliament. I also want to put on record my sincere thank you to the Prime Minister Hon. James Marape for creating this new Ministry and for appointing me as the first Minister for International Trade and Investment.
When I was the Minister for Trade, Commerce and Industry, my vision was to stabilize the trade function and put a stop to the function becoming a football between the Ministries of Foreign Affairs and International Trade. I got the NEC to approve the Trade Policy and the establishment of the National Trade Office as the institution that would oversee the implementation of the National Trade Policy. I did not know that five years down the line, the Office that I created or visualized would become a Ministry of its own and I would be the first Minister to serve in that Ministry.
I now welcome genuine investors across the globe and our citizens who can meaningfully work towards archiving the aims and goals set forth by the Ministry of International Trade and Investment in the current Marape-Rosso Govermnet.
This Ministry is responsible for all the matters related to Port Moresby Stock Exchange, Security Commissions of PNG, Special Economic Zone Authority, Pacific Marine Industrial Zone (PMIZ), Konebada Petroleum Park, and National Trade Office.
News Headlines & Press Statements
TAKEOVER OF NEWCREST MINING LIMITED & NEWMONT CORPORATION WILL ADVERSELY IMPACT THE PNG CAPITAL MARKET
FOR IMMEDIATE RELEASE 14-06-2023
Minister for International Trade & Investment, Hon. Richard Maru, MP, today announces that the proposed merger between Newmount Corporation and Newcrest Mining Limited will have potential implications for Papua New Guinea's Capital Market as Newmount has no current plans to maintain current listing list on our exchange.
Ban on Importation of Chicken and Chicken Products from Australia and Asia Necessary: Minister Maru
Minister for International Trade and Investment, Hon. Richard Maru said the ban on the importation of fresh, frozen, chilled chicken and chicken products from Australia and Asia is necessary for the health and safety of the industry and the people of Papua New Guinea.
NATIONAL TRADE BILL 2023 FINAL DRAFT
The New Ministry of International Trade & Investment of Papua New Guinea for the first time ever in 47 Years after independence Presented the National Trade Bill 2023 on the Floor of Parliment and was successfully passed by the Members of Parliment on the 19th of January 2023. It is one of the biggest milestone archived by the Ministry under the Leadership of Hon. Richard Maru, Minister for International Trade & Investment.
World Indigenous Business Forum - October 2023
Vice Minister for International Trade & Investment, Hon. Kessy Sawang has successfully bid to host the 2023 World Indigenous Business Forum for the first time in PNG after attending 2022 Forum in Colombia.
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Our Team to Lead PNG into Economic Independence
Meet the Key People
Hon. Richard Maru, BTech, MBA, OBE, MP
Minister for International Trade and Investment and Member for Yangoru Saussia District, East Sepik Province.
Steven Maken
First Secretary for the Minister for International Trade & Investment of Papua New Guinea
Wilfred Serenga
Second Secretary for the Ministry of International Trade & Investment of Papua New Guinea.