The New Zealand and Papua New Guinea governments are planning to use some of the foreign aid given to the country to help New Zealand businesses enter into joint ventures there.
The New Zealand Foreign Minister, Murray McCully, who met members of the government in Port Moresby last week, says this country has been asked to rethink its aid assistance to PNG.
He was accompanied by a trade delegation and says PNG wants access to New Zealand's expertise in pastoral farming and geothermal energy production.
"This is where they want us to go. They want us to try and marry the aid dollars that we have got - some 40 odd million [NZ] dollars a year - to the commercial interests in New Zealand that are going to be part of their future by making sure that we induce those interests into partnerships in PNG."
Murray McCully New Zealand also wants to help sort the transport problems faced by farmers in the Highlands and would look at more targetted scholarships into the country's agricultural schools.