AGP Executive Report
Last update: 3 hours agoPacific Security & Trade: Prime Minister Anthony Albanese shared a lengthy phone call with US President Donald Trump, discussing Pacific security, AUKUS, and new forced-labour-linked tariffs—Albanese asked for a full exemption under the US-Australia Free Trade Agreement, and Trump said he would “consider” it. Deep-Sea Mining Rules: The UN seabed regulator ISA extended a controversial deep-sea exploration contract for The Metals Company via Nauru Ocean Resources Inc., but again delayed final rules for commercial seabed mining—critics warn it sets a “dangerous precedent.” Nauru Tuna Governance: The Parties to the Nauru Agreement (PNA) opened applications for a new Chief Executive Officer to lead the PNA Office, with a focus on sustainable tuna fisheries, ocean resource management, and stronger governance. Missile Notice Push: 41 countries urged at least 24 hours’ notice before long-range ballistic missile and space rocket launches, citing risks after recent Pacific testing. Regional Missile Tensions: North Korea fired a ballistic missile ahead of major Seoul-Washington drills, with the timing seen as potentially political. Corporate Update: TMC released its second-quarter 2026 update, including liquidity of about $143m and ongoing US government funding processes tied to nodule processing and refining. Pacific Unity: Pacific foreign ministers in Suva backed a stronger regional voice, including on missile testing messaging.
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