Malaysia, Brunei to boost economic ties, infrastructure integration
Malaysia and Brunei have pledged to deepen their economic ties, particularly in energy, agriculture and tourism, the leaders of the two countries said following the 26th Malaysia-Brunei Annual Leaders' Consultation (ALC) in Kuala Lumpur on August 27.
Malaysia and Brunei have pledged to deepen their economic ties, particularly in energy, agriculture and tourism, the leaders of the two countries said following the 26th Malaysia-Brunei Annual Leaders' Consultation (ALC) in Kuala Lumpur on August 27.
Malaysian Prime Minister Anwar Ibrahim and Sultan of Brunei Haji Hassanal Bolkiah Mu'izzaddin Waddaulah reaffirmed the importance of deepening economic collaboration between Brunei and Malaysia's northern states of Sabah and Sarawak as a driver of shared prosperity and regional integration.
The Pan Borneo Highway is expected to play a key role in strengthening regional connectivity and creating greater opportunities for tourism and broader economic collaboration upon its completion, the leaders said in a joint statement.
In the energy sector, the two leaders expressed satisfaction in the close collaboration and encouraged both sides to advance joint projects.
According to Malaysia’s national news agency Bernama, in a joint statement, the two sides reaffirmed their commitment to strengthening cooperation in agriculture, coordinating immigration management, alongside efforts to enhance food security and border management.
The Malaysia-Brunei ALC, the highest-level bilateral cooperation mechanism between the two countries, is held annually. The forum provided an opportunity for the Malaysian Prime Minister and the Sultan of Brunei to review the implementation of agreements, assess current cooperation, and set the direction for future relations./.