PAPUA NEW GUINEA TO INCREASE SPICE EXPORTS

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PORT MORESBY, Papua New Guinea (February 18, 1998-PACNEWS/Ioane)--- A Papua New Guinea company is making plans to produce at least 1,000 tons of spices for the international market annually by 2001.

The Chairman and owner of the Niugini Spice and Trading Company, John Kimbuna, says plans to expand the firm's output and a proposal to attract three provincial governments to buy into the company are in the pipeline, the Post-Courier reports.

The proposal offers a 48 percent share in the business to the Morobe, East New Britain and Simbu provincial governments, all of which have shown interest in development of the PNG spice industry.

Potential importers worldwide, Kimbuna says, already been contacted to purchase PNG spice exports.

Niugini Spice and Trading Company also is planning to construct a spice processing plant in Lae, which is expected to significantly reduce the need to import a variety of processed spices from overseas suppliers.

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