Papua New Guinea
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Maximise tuna resources value: Rosso

Pacific Island nations should stand together as one Big Blue Pacific Continent and increase their levels of cooperation and collaboration in the facilitation of investments in tuna fisheries sector and maximize value of the tuna resources.

Acting Prime Minister John Rosso when addressing the 8th Pacific Tuna Forum at the Stanley Hotel in Port Moresby yesterday said industries and businesses thrive on building synergies and improving supply chain linkages that contributes to their competitiveness and by changing mindsets and looking at the region as one big Blue Pacific Continent it would enable the region to coordinate and link investments.

Mr Rosso said the end goal should be to improve the well-being of the people through maximising value of the tuna resources as the Pacific aspire to promote mutually beneficial arrangements.

“We have much to learn from the recent COVID-19 pandemic which caused major supply chain disruptions and affected our lives and businesses including the tuna industry and our economies.

The PNG government recognizes that we cannot continue to do business like the pre-


COVID-19 years.

In the fisheries sector of PNG, the Minister for Fisheries and Marine Resources Jelta Wong and Board and management of the National Fisheries Authority (NFA) have taken a proactive approach to address issues that led to the scaling down or temporary closure of PNG based tuna fishing and processing company due to the current economic climate.

As a government we cannot allow for the long-term closure of tuna fishing and processing


companies that will result in the loss of thousands of job and closing of spin-off businesses.

We must take constructive decision to chat our future and our government has therefore made a decision to consider investing in the sector,” Mr Rosso said.

He added that this would enable the government to have greater visibility and understanding of tuna fishing and processing operations.

Mr Rosso assured industry players that any investments into the sector by the government will be geared towards addressing industry and supply chain challenges and in complementing the operation of the existing tuna fishing and processing businesses.