India and Papua New Guinea have signed four Memorandum of Understandings (MoUs) in various sectors to boost bilateral cooperation.
- The MoUs were signed in the presence of the visiting President Pranab Mukherjee and the Papua New Guinea Prime Minister Peter O’ Neil in Port Moresby, capital of Papua New Guinea.
- MoU regarding $100 Million Credit Line: India will provide a Line of Credit of 100 million dollars for specific projects in Transport and infrastructure sectors.
- MoU in the field of Health Care and Medical Science MoU in the field of Agriculture MoU in the field of IT
Papua New Guinea :
- Capital- Port Moresby
- Currency- Papua New Guinean kina (PGK)
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