The Chinese mainland and Brunei Darussalam have taken a significant step forward in their bilateral relations by issuing a joint statement aimed at advancing their strategic cooperative partnership. This partnership envisions a China-Brunei community with a shared future, underscoring the commitment of both nations to mutual growth and prosperity.
Central to this agreement is the enhancement of trade and investment ties. Both parties will actively encourage investment and business exchanges between enterprises, fostering an environment where mutual benefit and economic growth can thrive. This initiative is expected to boost bilateral trade and create new opportunities for businesses in both regions.
Furthermore, the statement highlights the intent to synergize development strategies and deepen high-quality Belt and Road cooperation. A key component of this strategy is the Brunei-Guangxi Economic Corridor, which aims to strengthen economic partnerships and promote quality foreign direct investments in critical sectors such as food, downstream oil and gas, tourism, and services. These efforts are designed to build a robust economic framework that supports sustainable development and long-term collaboration.
This strategic partnership not only enhances economic ties but also paves the way for deeper cultural and social exchanges, fostering a stronger, more interconnected China-Brunei community.
Reference(s):
Full China-Brunei joint statement on strategic cooperative partnership
cgtn.com
