- Voices : Passion for providing a voice for Pacific [20/01/2019 - New Zealand]
- News : Climate change is 'no laughing matter', Fiji's PM Frank Bainimarama tells Australia during Scott Morrison's Pacific trip [18/01/2019 - Fiji]
- News : Bainimarama commends Australian counterpart for historic visit [18/01/2019 - Fiji]
- News : Stage set for referendum on Bougainville's future [18/01/2019 - Papua New Guinea]
- News Feature : Why are we contemplating saddling the Pacific with more debt? [18/01/2019 - Fiji]
- News Feature : Morrison’s Vanuatu trip shows the government’s continued focus on militarising the Pacific [18/01/2019 - Vanuatu]
- Sports News : NRL teams to play trial matches in Pacific nations [18/01/2019 - Fiji]
- Business News : Affordable, Faster Connectivity for Tuvalu [18/01/2019 - Tuvalu]
- Business News : Samoa Airways signs new Boeing deal [16/01/2019 - Samoa]
- Business News : Dubai Chamber hosts Kiribati President in effort to boost bilateral ties [16/01/2019 - United Arab Emirates]
- Business News : More features on ANZ Pacific App announced [16/01/2019 - Samoa]
- Sports News : Tere-Apisah eyes Fed Cup [16/01/2019 - Papua New Guinea]
- Sponsored : Oceania National Olympic Committees (ONOC)
The head of the US government's development finance arm says his country offers better terms in the Asia-Pacific than China.
The Overseas Private Investment Corporation's (OPIC) chief executive Ray Washburne says its US$4 billion fund in the region is to help economic development, stability and prosperity.
In Papua New Guinea it provided more than US$10 million to help telecommunications company Digicel expand services into remote parts of the country.
Washburne said the US assistance does not force countries to use an imported labour force.
He said it ensures environmental standards are met and that loan repayments are within a country's capacity.
Washburne said strategic assets should not be put at risk and cites Sri Lanka handing over a strategic port Hambantota to China last year on a 99-year lease.
“So we think the United States working with our counterparts in Japan and Australia truly are going to be able to drive bolder and bigger projects that create economic growth and local jobs that enhance regional connectivity.”
Including the Pacific in the Asia region, Ray Washburne said "what's good for Asia is good for the world".
SOURCE: RNZ PACIFIC/PACNEWS
Pacific Islands News Association
Who & What is PINA?
International News Safety Institute (INSI)
Media Helping Media