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	<title>Asia Pacific summit &#8211; Evening Report</title>
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		<title>PNG aims to ‘unlock potential’ by hosting APEC leaders summit</title>
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<p><em><a href="https://www.youtube.com/watch?v=iG1c3DSzC0s" rel="nofollow">RNZ Live News</a> video by Johnny Blades and Koroi Hawkins.</em></p>




<p><em>By Johnny Blades in Port Moresby</em></p>




<p>Papua New Guinea is preparing to host the APEC (Asia Pacific Economic Cooperation)  leaders summit in November.</p>




<p>Leaders of the world’s biggest powers will converge on the capital Port Moresby to discuss trade and investment.</p>




<p>It is billed by PNG’s government as the ultimate chance to unlock the resource-rich country’s economic potential.</p>




<p>Despite a struggling economy, and record debt levels, the government has gone on a borrowing spree to develop the city’s infrastructure in time for APEC on November 15-17.</p>




<p><em>Johnny Blades and Koroi Hawkins are in Papua New Guinea currently on assignment for RNZ Pacific. The Pacific Media Centre’s Asia Pacific Report has a content sharing agreement with RNZ.</em></p>




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<p>Article by <a href="https://www.asiapacificreport.nz/" target="_blank" rel="nofollow noopener noreferrer">AsiaPacificReport.nz</a></p>

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