Air Vanuatu will likely recommence flights between Port Vila and Noumea Photo: Airbus
From April, the so-called 'Tamtam Bubble' will allow easier travel between the covid-free Melanesian neighbours.
Travel will be restricted to Vanuatu's main island of Efate.
Launching the bubble on Friday, Mr Loughman said it would allow a resumption of business activities in the capital Port Vila and for Vanuatu students to resume studies in New Caledonia while others will be able to return home.
New Caledonia and Vanuatu's borders remain closed to travellers from other countries.
The 'Tamtam Bubble' was first mooted publicly during Vanuatu's 40th anniversary celebrations in July last year.
The Vanuatu Tamtam Travel Bubble Taskforce has been looking at options for travel to New Zealand and other covid-free countries to help reignite the country's lifeless tourism industry.
The plan was to open links with countries which had been covid-free for 30 days or more.
With continued community outbreaks in New Zealand and various Australian states, there is likely no change in those countries' travel status with Vanuatu in the near future.