Brunei-French Business Ties To Forge Ahead

Awang Lim Jock Hoi

Bandar Seri Begawan - The French Bruneian Business Association (FBBA) was created to achieve greater trade and investment flows, local businessmen and others heard today. That can be achieved through closer cooperation in trade facilitation, solving regulatory issues and greater understanding on mutual interests.

The French Ambassador Mr Thierry Borja De Mozota highlighted this in a talk yesterday.

The talk entitled 'Economic Integration of Asean' was presented by the Director General of International Relations and Trade Development, Ministry of Industry and Primary Resources, Awang Lim Jock Hoi.

In his talk, Awang Lim highlighted the opportunities and challenges available to the private sector in relation to initiatives or efforts undertaken by Asean member countries to integrate their economies both internally and externally.

This was done through the Asean Economic Dialogue Partners, he said.

These efforts include those under the Asean Free Trade Area, the Asean Investment Area, the Asean Framework Agreement on Services and the Asean Industrial Cooperation Scheme.

Meanwhile prior to the talk by Awang Lim, the President of the F.B.B.A., Haji Kamaruddin bin Dato Haji Talib commented that despite the economic setbacks, the F.B.B.A was determined to forge ahead.

This will include an upcoming exhibition and an oil and gas talk in Seria. -- Courtesy of Radio Television Brunei

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