New PNG leader looks to 'maximise gain' from resources sector

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SYDNEY, May 30 (Reuters) - Papua New Guinea Prime Minister James Marape signalled his intention on Thursday to toughen laws on natural resources so as to benefit the nation in his maiden speech to parliament after being elected leader.

"I have every right to tweak and turn resource laws for my country, then it will empower my citizens as well," he said to cheers and applause at Parliament House in Port Moresby, the capital.

"We will look into maximising gain from what God has given this country from our natural resources. This leadership is all about placing this country in the right place and taking back our economy."

Marape was elected leader with a commanding majority after his predecessor Peter O'Neill resigned on Wednesday. (Reporting by Tom Westbrook; Editing by Clarence Fernandez)