(Last updated: 4 Aug 2012)
Market profile
Doing Business
It is important to visit the market regularly to develop and maintain a close working relationship. It is preferable to make appointments prior to visiting customers.
More information on doing business in New Caledonia
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
New Caledonia’s major sources of income are from its long-established nickel industry and financial transfers from France.
» read more at DFAT
- TRADE RELATIONS
The relationship between Australia and New Caledonia has broadened and strengthened over the years, with Australia supporting New Caledonia’s increasing autonomy and involvement in the Pacific region.
» read more at DFAT
- POLITICAL CLIMATE
Under the Noumea Accord, the Government of New Caledonia is a mandated collegiate government, comprising representatives of all major political groupings.
» read more at DFAT
Top Business Risks
OECD Guidelines for Multinational Enterprises
Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.
Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.
The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.