I am pleased to report that we have recently passed the first vote on a parliamentary bill that will provide for 22 reserved seats for women to contest in the coming Elections in 2012. This does not stop them from contesting any of the existing seats.
We also appreciate the push by multilateral partners like Asian Development Bank and World Bank on gender equality. But in the same breath, we urge them to support our financial institutions by specifically allocating funds without risk, to be lent to women entrepreneurs to develop business opportunities
We note the recently adopted San Francisco Declaration by APEC countries last week under the leadership of the United States of America. This is a major step forward supporting Women in Business and is a powerful tool for women of APEC member countries. We will encourage our women in Papua New Guinea to take advantage of opportunities created by the Declaration.