BY JOHN HOUANIHAU
The Memorandum of Understanding (MoU) signed between Papua New Guinea Solomon Islands Business Council (PNGSIBC) and Solomon Islands Chamber of Commerce and Industry (SICCI) aims for a stronger partnership between two nations.
SICCI Vice Chair Gordon Denty said during the PNGSIBC and SICCI meet & greet event held at the Honiara Golf Club following the MoU signing in Honiara last week.
“Today, we are not only witnessing a fruition of shared vision and aspirations, but we are actively laying the foundation for a stronger partnership between our two nations. A partnership that will drive growth, prosperity, opportunity for both SI and PNG,” Mr Denty said.
He acknowledges the enduring government to government relationships, guided by the leadership of the two Prime Ministers, whose commitment has cemented the shared vision, which the two private sector institutions, the PNGSIBC and SICCI, formalised through the signing of a MoU.
“On behalf of the SICCI, I register our sincere appreciation to the Prime Ministers James Marape of PNG and the Prime Minister Jeremiah Manele of SI for their leadership and foresight in advancing this partnership,” he said.
He said that for far too long, the immense potential for trade and investment between the two economies remained underexplored while both nations family and political ties have been strong, thus commercial bridges needs reinforcement.
“MoU signing is indeed the architectural blueprint for building that bridge. This MoU lays the foundation for growing and strengthening our two economies. It represents a shared commitment to drive economic growth, build and expand trade, unlock investment opportunities and foster a more conducive environment for our enterprises to thrive,” Denty said.
He said that the MoU provides a strategic framework for deeper engagement between the private sectors of both countries, serving as a platform for dialogue, networking and collaboration and will translate into practical opportunities for trade, investment and innovation.
“Ultimately, it strengthens economic cooperation between PNG and SI to stimulate private sector growth and resilience,’’ Denty said.
For feedback, contact: [email protected]
