(Last updated: 3 Dec 2012)
Market profile
Doing Business
Continuity of contact is important when doing business in PNG. Business people like to see the same face representing a company on successive visits. The guarantee of after sales service or maintenance is also considered important, and should be an integral part of your strategy.
More information on doing business in Papua New Guinea
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
Papua New Guinea has a dual economy comprising a formal, corporate-based sector and a large informal sector where subsistence farming accounts for the bulk of economic activity.
» read more at DFAT
- TRADE RELATIONS
Opportunities continue to exist for Australian companies to supply Papua New Guinea's resource sector.
» read more at DFAT
- POLITICAL CLIMATE
Papua New Guinea is a constitutional monarchy and has has three levels of government - national, provincial and local.
» 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.
APEC Business Travel Card Scheme
Managed by the Department of Immigration, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.