Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.
Papua New Guinea’s key trade agreements at multilateral level fall under the World Trade Organization. Regional level trade agreements include the South Pacific Regional Trade, Economic and Commercial Agreement (SPARTECA), Pacific Islands Countries Trade Agreement (PICTA), and Melanesian Spearhead Group Trade Agreement (MSGTA). The country has not concluded the Pacific Agreement on Closer Economic Relations (PACER Plus) with Australia and New Zealand. At the bilateral level stands the Papua New Guinea and Australia Trade and Commercial Relations Agreement (PATCRA). In terms of Free Trade Agreements (FTA), there is the PNG-EU Economic Partnership Agreement for duty/quota free access for PNG’s selected products like fish, coffee, and other agriculture products.
Refer to link for Investment Incentives in PNG through the PNG Investment Promotion Authority website: