MoU on Strengthening Trade and Investment Cooperation in Food and Medical Products

The Memorandum of Understanding on Strengthening Trade and Investment Cooperation in Food and Medical Products; and Memorandum of Understanding on Cooperation in Energy and Green Economy were signed by Yang Berhormat Dato Seri Setia Doctor Awang Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office and Second Minister of Finance and Economy on behalf of the Government of His Majesty, while the Republic of Singapore was represented by His Excellency Gan Kim Yong, Minister for Trade and Industry.

Under the Memorandum of Understanding on Strengthening Trade and Investment Cooperation in Food and Medical Products, Brunei Darussalam and the Republic of Singapore will work together to facilitate, promote and strengthen food and medical products supply resilience and their efficient movement between the two countries. There are three focus areas identified in the MoU which are food supply, medical products and transportation solutions. The signing of this MoU also establishes a Brunei-Singapore Joint Committee, aimed to enhance the collaboration between the two countries and facilitate the implementation of joint projects.

Meanwhile, the Memorandum of Understanding on Cooperation in Energy and Green Economy sees the commitment of Brunei Darussalam and the Republic of Singapore to establish a framework for cooperation in the fields of energy and green economy through its four focus areas namely energy and green economy including energy transition, emerging low-carbon technologies; carbon capture and storage; and carbon market.

Source: Radio Television Brunei