Brunei Darussalam Economy

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Blessed with great hydrocarbons wealth and a population of 425,000 set in 5770 sq km, Brunei Darussalam has never had to exploit its natural biodiversity to sustain growth in its contemporary history. Logging and oil palm plantation, two of the greatest causes of deforestation in the region, have no real place in its economy, leaving an...

The Sultanate has created an extensive public sector that dominates Brunei Darussalam’s economy and, in many ways, forms an extension of the generous welfare system – providing jobs and security to the local population. According to figures provided by the Department of Economic Planning and Development at the Prime Minister’s Office (JPKE), the...

The Sultanate has long been a relatively open economy, encouraging international trade and investment. Tariff barriers have historically been low, with these continuing to fall as the country widens its participation in international trading agreements and organisations. This trend is due to accelerate as ASEAN, which Brunei Darussalam will...

What strategies are being implemented to increase the access of small and medium-sized enterprises (SMEs) to international markets?

What are the main pillars in the government’s foreign policy for Brunei Darussalam’s role as a mediator between different interests in the region?

What action items were identified by the ASEAN Economic Ministers (AEM) at their meeting in Siem Reap to ensure implementation of the ASEAN Economic Community (AEC) Blueprint by 2015?

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