The country, fully independent since September 16, 1975, has a freely
elected democratic goverment. Papua New Guinea became the 142nd
member of the United Nations on October 10, 1975, and is also a
member of the British Commonwealth.
Papua New Guinea has a vibrant and multifaceted economy with two
distinct systems operating side by side. The vast majority of people
live in a traditional, non-monetary barter economy that existed
long before European colonisation began.
Co-existing with this is a modern economic system based on mining,
petroleum, fishing, forestry and agriculture. Their main exports
are gold, copper, oil, coffee, tea, copra, palm oil, forest and