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Prime Minister Anthony Albanese put the best face on the situation after his plan to sign a major defence treaty with Papua New Guinea while in Port Moresby fell through.

Albanese said he expected the signing of the treaty - of which the wording was approved - to be finalised "in coming weeks".

The government hopes the coming regular annual ministerial meeting between the two countries, on a date to be fixed, would provide the opportunity to finally land the treaty. Australia is hosting the meeting this year.

Instead of the treaty signing, Albanese and PNG Prime Minister James Marape issued a joint communique saying the two countries had agreed on a text of a Mutual Defence Treaty "which will be signed following Cabinet processes in both countries".

The treaty would "elevate the defence relationship between Papua New Guinea and Austrlia. to an Alliance", it said.

This is the second time within weeks Albanese's plans for finalising a treaty with a regional country have been dashed. Last week he was unable to land a $500 million agreement with Vanuatu.

Albanese has been in PNG this week for the 50th anniversary of the country's independence. Earlier in the week, he said the signing had been delayed because a PNG cabinet quorum could not be summoned after cabinet members had returned to their home areas for the celebrations.

Albanese told a joint Wednesday news conference with Marape: "We respect the processes of the Papua New Guinea government. What this is about is the processes of their cabinet."

Both leaders made the point that the treaty had been sought by PNG.

Asked whether the signing delay could open a window for China to try to scuttle the deal, Marape said there was "no way, shape or form" that China could have any hand in telling PNG not to have the treaty.

While it had been a friend of PNG for the last 50 years, China knew that PNG had "security partners of choice," Marape said.

But he said that in the next couple of days he would send the PNG defence minister first to China and then to other countries, including the United States, France, India, Indonesia, Malaysia, Singapore, and the Philippines "to inform them all exactly what this is all about".

The joint communique said the proposed Pukpuk treaty would include "a mutual defence Alliance which recognises that an armed attack on Australia or Papua New Guinea would be a danger to the peace and security of both countries".

In other provisions the treaty also covers the recruitment of PNG citizens into the Australian Defence Force.

It would also ensure "any activities, agreements or arrangements with third parties would not compromise the ability" of PNG or Australia to implement the treaty.

Albanese said the treaty would "be Australia's first new alliance in more than 70 years and only the third in our entire history, along with the ANZUS treaty with New Zealand and the United States".