PSDI together with ADB’s Office of General Counsel, the United Nations Commission on International Trade Law (UNCITRAL), and other development partners co-hosted the 3rd South Pacific International Arbitration Conference at the Sydney Opera House and online on 16 March 2021.
PSDI supported a tender forum for prospective bidders for a Ports Authority of Tonga (PAT) stevedoring contract, held at the PAT headquarters in Nuku’alofa on 8 February.
Dr Peter Dirou, PSDI’s Senior Finance Sector Expert, delivered a virtual Pacific Talk to ADB staff on February 3 on the role of government-owned banks and retirement funds in the Pacific.
The Investment Promotion Authority, Department of Treasury, and PSDI illustrated their continued partnership by signing a Memorandum of Understanding on 2 September 2020 designed to make doing business easier in PNG.
Papua New Guinea (PNG) now has a National Competition Policy which aims to improve economic efficiency, promote sustainable and inclusive economic growth, and increase consumer welfare through the promotion and maintenance of fair and effective competition in all markets in PNG’s economy.
The Parliament of the Cook Islands passed the PSDI-supported Covid-19 Economic Response Act on 2 July, intended to assist businesses in the Cook Islands that are affected by COVID-19 to continue trading, preserve their economic value, and retain employees.