Brunei Hopes To Shine In Shanghai Expo

13283363 11n Brunei Hopes To Shine In Shanghai Expo Shanghai, May 8 (PRINTWORDS NEWS) – Brunei might be one of the most low profile nations to have participated in the SHANGHAI EXPO but seemingly they are one of few countries who are confident of their success. Reportedly the county is eyeing for economic tie with the Chinese nation which shall definitely usher in revenues for Brunei itself.

Speaking on the same note, Brunei’s minister of foreign affairs and trade Mohamed Bolkiah told the media that Brunei as a nation shares a long and proud history with China for over years. As a matter of fact the two nations have been pulling in trade relations right from the 6th century. Records indicate that there has been marked increment in the exports from Brunei to China in the year of 2009 that showed a 39 percent growth amounting to 302.44 million.

Chan Sui Kiat who happens to be the president of the Chinese Chamber of Commerce, Bandar Seri Begawan told the media that Chinese Home appliance makers are one of the chief products which are all destined to pick up the sales at the expo. Brunei’s economy witness huge with oil and gas which are regarded to be the most abundant resources found in the nation. Brunei economic development board’s Jessica Lai is of the opinion that Brunei shall soon witness the emergence of more and more Chinese products which will definitely be a boost to the county’s economy which only banks upon oil and gas. He also said that the Chinese have a great knowledge in product branding and construction which shall be an added advantage for Brunei in the upcoming future.

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Posted by Admin on May 9th, 2010 and filed under Business . You can follow any responses to this entry through the RSS 2.0 . You can leave a response or trackback to this entry