US to help Papua New Guinea manage sovereign fund

摘要

Sydney-The US is ready to help Papua New Guinea manage the sovereign wealth it gen- erates from its natural resources, including oil and gas, Secretary of State Hillary Clin- on said during a visit to Port Moresby November 3. "The planning for a sovereign wealth fund s a very important commitment," Clinton said n a transcipt of comments made after meet- ng with PNG Prime Minister Michael Somare. "And the United States stands ready to help ranslate your country's natural resources into widespread prosperity."