Brunei Set To Enhance Co-operation With China

Posted by: : Paul EbelingPosted on: October 6, 2013 Brunei Set To Enhance Co-operation With China
Chinese Ambassador to Brunei Zheng Xianglin said Friday that the good relationship and co-operation between Brunei and China will grow in many sectors, including; agriculture, fisheries, energy and economic ties.
Ambassador Zheng made the remarks to local media prior to Premier Li Keqiang’s visit to the country and the 23rd ASEAN Summit and related Summits in Brunei next week.
The Ambassador believed that Li’s visit to Brunei next week will cement agreement to work together even more closely than now.
Premier Li is attending the East Asia leaders meetings and will pay an official visit to Brunei during the week.
During his trip to Seri Begawan, Premier Li will attend the 16th China-ASEAN leaders meeting, the 16th ASEAN + 3; China, Japan and the Republic of Korea Summit and the 8th East Asia Summit to be held in Brunei, the host nation of the Association of South East Asian Nations (ASEAN).
The Ambassador also cited several examples of Chinese companies looking into investment opportunities in Brunei at a dinner with local media.
A Memorandum of Understanding (MOU) between Asia Enterprise, a Bruneian company and China’s Guangxi Mingming Agriculture was signed last month to develop a US$ 4-M Agricultural Park in Brunei.
Expected more companies to locate in Brunei in the future.

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Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.
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