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P112 - SOLOMON ISLANDS (PNG)

Participation in the PNG-EU Business and Investment conference 2019-2020

BENEFICIARIES

SOLOMON ISLANDS

  • Government officials and business communities

 

PROJECT COVERAGE

The overall objective of the project was to stimulate more direct trade and investment by European businesses and the beneficial integration of Solomon Islands into the regional and global economy and, thereby, contribute to sustainable economic development and poverty reduction.

Two-fold purposes: To strengthen business and investment ties between the EU and PNG; to provide adequate information on key commercial and investment sectors in PNG to European business operators in the Pacific region; and to raise Businesses’ awareness and ownership of the benefits of the EPA between the EU and PNG.

Five-fold Project outputs:

  • PNG and EU business exchange promoted;
  • Good practices for entering the PNG market are shared and challenges are identified;
  • Sectoral business intelligence, final report and assessment of way forward completed;
  • Businesses are aware of the EPA benefits and challenges and
  • Businesses’ interest to exploit EPA benefits beyond fisheries.

Intervention areas:                                                                                                        

  • PNG-EU business conference;
  • Investment climate;
  • EPA;
  • Fisheries;
  • Competitiveness.

 

RESULTS ACHIEVED

Purpose 1: To strengthen business and investment ties between the EU and PNG;

  • PNG and EU business exchange promoted

Purpose 2: To provide adequate information on key commercial and investment sectors in PNG to European business operators in the Pacific region;

  • Good practices for entering the PNG market are shared and challenges are identified;
  • Sectoral business intelligence, final report and assessment of way forward completed.

Purpose 3: To raise Businesses’ awareness and ownership of the benefits of the EPA between the EU and PNG.

  • Businesses are aware of the EPA benefits and challenges;
  • Businesses’ interest to exploit EPA benefits beyond fisheries.
Programme funded by European Union at the request of the Organisation of African Caribbean and Pacific States - Implemented by AESA CONSORTIUM