BILATERAL TIES STRENGTHEN BETWEEN SOLOMON ISLANDS AND PNG

FROM the high-level bilateral talks today between the Solomon Islands Prime Minister Mathew Wane and host Prime Minister James Marape, a signing on the Framework Agreement between PNG/SI on Development and Economic Cooperation (2026-2030), ensued at the Melanesian Haus in Port Moresby.

Prime Minister James Marape when announcing the completion of the signing today, said it is important that the two nations co-exist and understand each other and work side by side.

The bilateral talks were also on security, economic development both in the mining sector and also fisheries.

PM Marape says, the agreement signed will strengthened development and economic corporation from both nations.

Solomon Islands Prime Minister Mathew Wale thanked Prime Minister for the hospitality and also PNG as big brother nation in providing leadership to other Melanesian countries.

PM Wale says, Solomon Islands looks to PNG to learn, and also for leadership and support to help them develop like PNG.

Meanwhile Prime Minister James Marape says, Solomon Island host PNG’s 1 billion kina in foreign investments and through this agreement, Solomon Islands can also invest in business in Papua New Guinea.

PNG owned businesses operating in the Solomon Islands include Bank of South Pacific, SOE-Telikom, Hargy Oil palm amongst others.

Prime Minister Marape in thanking the Prime Minister Wane for his visit, said he will reciprocate PM Wane’s visit any time soon.

The Solomon Islands Prime Minister and his delegation left PNG today at around 4pm.