Tuesday, November 5, 2024

Cairns council brokers PNG deal for local business

Cairns Regional Council says a new deal brokered by the Council will help Cairns companies to do business with the region’s nearest international neighbours.

In a statement, Council said Cairns businesses will get more opportunities to do business in Papua New Guinea and the Pacific under a new five-year deal.

“Council will enter into an agreement with Tradelinked Cairns Incorporated to develop markets, provide educational opportunities, and enhance mining engagement in the region,” Council said.

“The strategic location of Cairns as a gateway to the Asia-Pacific region positions it as a natural hub for trade and investment.

“The new agreement is consistent with State and Federal governments where strengthening diplomatic and trade relationships in the Pacific are a priority.

“It also follows last week’s Federal Government announcement of $5.5 million to support PNG’s pathway to having a team in Australia’s National Rugby League competition.

“Tradelinked successfully delivered three projects funded by Council’s Industry and Economic Development Fund (IEDF) since 2019,” Council said.

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