RNZ’s Teuila Fuatai in Koror, Palau
The United States and New Zealand will co-fund a new “lifeline” port with the Cook Islands on Penrhyn atoll – a former US military base.
The US says it will commit $50 million USD, while New Zealand will contribute $10 million USD.
The US Deputy State Secretary Christopher Landau said it builds on the Critical Minerals Framework that the Cooks signed with the US in February, which advances the keen interest from Washington in deep sea mineral resources in the Cook Islands.
“This project underscores the United States’ strong commitment to our partners in the Pacific,” Landau said, noting that U.S. personnel constructed Penrhyn’s port and airstrip over 80 years ago.
“Through transformational infrastructure initiatives such as this, we are making the United States and our partners safer, stronger, and more prosperous.”
Cook Islands Prime Minister Mark Brown called the port a “lifeline” for the Pa Enua, adding capacity for domestic shipping and inter-island travel.
“We thank the United States and New Zealand for partnering with us to deliver on a priority our people have themselves identified,” Brown said.
Landau, Brown and New Zealand’s Foreign Minister Winston Peters made the announcement at the Pacific Islands Forum leaders meeting in Palau this morning.
The February agreement between the US and the Cooks committed them to “responsible investment aligned with high environmental, social and governance standards,” and “the development of secure, diversified and resilient critical minerals supply chains.”
Prime Minister Brown told reporters on Friday, while in Auckland engaging with New Zealand realm leaders, that he would ensure the Cook Islands people were the ultimate benefiaciries of US investment.
