O’Neill: Melanesia the powerhouse of Pacific

THE NATIONAL
Papua New Guinea Prime Minister Peter O’Neill has hailed the Melanesian nations as the economic powerhouse of the Pacific.
He told a special Melanesian Spearhead Group leaders’ summit in Port Moresby that “together our region comprises the landmass, bigger population, immense bio-diversity as well as greater economic activity and growth”.
“We are at the forefront of initiating new ideas, creating new opportunities and implementing strategies that will benefit not only our Melanesian people but our fellow Pacific islanders as well.”
O’Neill was pleased to see the achievements of the MSG over the past 25 years.
“One of the standout achievements is the MSG trade agreement,” he said.
“I understand this is one of the few trade arrangements in the world that is actually working and delivering on its objectives and promises.
“This agreement has delivered increased trade between our countries and is creating new jobs.
“It is enhancing investment opportunities, helping to alleviate poverty and contributing to economic growth and prosperity in our countries.”
O’Neill said the meeting was on the eve of one of MSG’s most exciting and colourful events – the 5th Melanesia Arts and Culture Festival.