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China Daily Global / 2021-02 / 02 / Page003
Papua New Guinea s seafood gets MOU lift By KARL WILSON in Sydney | China Daily Global | Updated: 2021-02-02 00:00 FDI from China can help the country realize its underdeveloped fishing industry potential After the Papua New Guinea government signed a memorandum of understanding with a Chinese fishery company late last year to build a seafood processing plant on an island in the Torres Strait, it attracted criticism in Australia about regional security risks and depletion of fishery resources. However, analysts largely dismissed the fears as unwarranted, saying the claims have no basis and that critics ignored the economic benefits that the project will bring to PNG, including jobs for local people.
China
Australia
Torres-strait
00
Papua-new-guinea
Daru-island
Western
Daru
Australian
Australians
Chinese
Xue-bing
Bonanza at sea awaits island nation By KARL WILSON in Sydney | China Daily | Updated: 2021-02-01 10:31
Collaboration with Chinese firm seen as boosting PNG as seafood exporter
After the government of Papua New Guinea signed a memorandum of understanding with a Chinese fishing company late last year to build a seafood processing plant on an island in the Torres Strait, it attracted criticism in Australia about regional security risks and depletion of fishery resources.
However, analysts largely dismiss the fears as unwarranted, saying that critics ignore the economic benefits the project will bring to PNG, including jobs for local people.
Australia
Torres-strait
00
Fujian
China
Daru
Western
Papua-new-guinea
Fuzhou
Daru-island
Western-province
Australian