AGP Executive Report
Last update: a day agoQuad Diplomacy & Infrastructure: Foreign ministers from the Quad (US, India, Japan, Australia) met in New Delhi on May 26 and backed new moves on Fiji port infrastructure, maritime surveillance, energy security, critical minerals supply chains, and tech cooperation including 6G, Open RAN and undersea cable resilience. Nauru-China Trade Boost: Nauru’s president says cooperation with China since diplomatic ties resumed in 2024 is exceeding expectations, with direct cargo links helping lower costs and improve livelihoods. Nauru-NZYQ Deal Payments: Nauru has withdrawn $30.5m from an Australian-backed trust under the NZYQ deportee deal, including $19.8m to pay down a loan expanding the national airline fleet to seven Boeing aircraft, with questions raised about spending details. Deep-Sea Mining Pressure: The UN seabed regulator warns Pacific states not to be swept into a renewed mining rush as the US moves to issue permits outside the International Seabed Authority’s process, while Pacific countries shape the rules. Visa Fee Cuts Risk Revenue: New Zealand’s reduced Pacific visa fees and longer default visas could cut revenue by about $1–2m a year, with funding pressure on immigration systems. Disaster Support for Businesses: The US SBA opened an additional Business Recovery Center in Saipan to help firms and residents apply for disaster loans after Super Typhoon Sinlaku.
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