Papua New Guinea: History
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Control of British New Guinea transferred to the newly independent Commonwealth of Australia and renamed Territory of Papua
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Austraila establishes a joint administration over both territories called the Territory of Papua and New Guinea.
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UN transfers control of West New Guinea, present day Papua, to Indonesia.
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The country is renamed Papua New Guinea.
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Papua New Guinea introduces the Kina as their official currency.
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Austraila grants Papau New Guinea independence.
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China signs a deal to import liquefied natural gas from Papua New Guinea.
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China agrees to spend nearly $4 billion to build a giant industrial park in Papua New Guinea.
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Australia closes a detention centre in Papua New Guinea, but hundreds of asylum seekers refuse to move.
Sources:
BBC NewsBritannica