Papua New Guinea hosted APEC in 2018 — only the second time the summit had been held in a Pacific Island nation — and the Bank of Papua New Guinea issued this commemorative polymer note to mark the occasion. NPA's involvement is routine for the region, but the timing gave this note a specific political weight: the Port Moresby summit ended without a leaders' declaration for the first time in APEC's history, a direct result of the US-China trade dispute deadlock.
Commemorative issue, not intended for general circulation, though some entered it regardless.
Papua New Guinea hosted APEC in 2018 — only the second time the summit had been held in a Pacific Island nation — and the Bank of Papua New Guinea issued this commemorative polymer note to mark the occasion. NPA's involvement is routine for the region, but the timing gave this note a specific political weight: the Port Moresby summit ended without a leaders' declaration for the first time in APEC's history, a direct result of the US-China trade dispute deadlock.
Commemorative issue, not intended for general circulation, though some entered it regardless.