[1] In March 2009, The Philippines and Papua New Guinea entered into a Memorandum of Understanding (MoU) that would enhance the cooperation between the two countries on the development of fisheries.
The MoU will facilitate technology transfer in aquaculture development, promotion of shipping ventures, investments, technical training, joint research, and “strategic complementation” of each country's plans in the Coral Triangle – or the waters between the Philippines, Indonesia, and the Pacific Islands.
[3] In March 2012, the Philippine Bureau of Fisheries and Aquatic Resources started discussions with Papua New Guinea officials on the issues of access and trade.
Under the proposed agreement, Papua New Guinea is willing to give fishing rights to Filipino commercial fishermen in its waters in exchange for agricultural commodities and rice.
[5] Papua New Guinea asked the Philippines for its support for its full membership bid in the Association of Southeast Asian Nations in 2009.