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WTO the key to more trade, investment, econ growth

By June Ong


Haji Abdul Rahman, the Acting Director General, International Relations and Trade Development, MIPR, making the closing remarks. Beside him is Mr Omar Halim, Executive Director of NAM Centre for South South Technical Cooperation.


Participants present at the closing meeting of experts and decision-makers amongst NAM member countries. Pix: June Ong


The NAM CSSTC's two-day meeting of experts and decision-makers amongst NAM member countries on "Government and Business Collaboration in Addressing WTO-Related Issues" came to a close yesterday afternoon at Sheraton Utama Hotel.

For the past two days, participants in the meeting discussed ways on how NAM member countries can work together to make the WTO work for the betterment of our peoples, said Haji Abdul Rahman Haji Chuchu, the Acting Director General of International Relations and Trade Development at the Ministry of Industry and Primary Resources in his closing remarks.

The WTO is considered an important vehicle for increasing trade, investment and economic growth. Common concerns shared included agriculture, manufacturing, services and TRIPs (Trade Related Intellectual Property Rights), added Haji Abdul Rahman.

"We also want to broaden the benefits of free trade by enhancing the participation of SMEs in open trade and strengthen their competitiveness. Similarly, we also take the view that developing countries should cooperate more meaningfully in presenting their case in the WTO negotiations," said Haji Abdul Rahman, adding that the meeting was another big step in moving the agenda forward.

He added that it is hoped that this spirit of cooperation between Brunei Darussalam and other NAM member countries will continue to deepen in the future and translated into increased trade, investment and tourism exchanges between ourselves.

Also present to give concluding remarks at the meeting was Mr Omar Halim, Executive Director of NAM Centre for South-South Technical Cooperation, distinguished experts including a total of 14 NAM member countries, including the Sultanate, representatives from the Ministry of Health, Finance, Foreign Affairs, MIPR, members of business association and as well as from the National Chamber of Commerce.

Courtesy of Borneo Bulletin

 
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