On the afternoon of November 27, an official ceremony to welcome President Truong Tan Sang and his wife was held at Palace Istanal Nurul Iman in Brunei.
Immediately after the ceremony, State President Truong Tan Sang and his wife met with Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah and HRH the Queen.
|State President Truong Tan Sang (R) and Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah (Photo: SGGP)|
Vietnam and Brunei should further their co-operation in the oil and gas sector, as well as in labor and tourism, agreed both President Truong Tan Sang and Brunei's Sultan Haji Hassanal
Bolkiah Mu'izzaddin Waddaulah.
At the talks, the leaders expressed their pleasure at the two countries' developing bilateral relations and affirmed their support for each other at regional and international forums.
They agreed to promptly organize the first bilateral cooperation committee meeting to propose measures to strengthen co-operation in specific fields, especially economics, trade and investment.
Vietnam and Brunei will promote co-operation in many areas, including agro-fishery, oil and gas, labor, tourism, education and transport, the two leaders said.
The two leaders agreed to assign relevant ministries and branches to negotiate various co-operation agreements, including for Investment Encouragement and Protection, Fisheries, Labor, and Maritime Transport.
According to statistics, two-way trade reached approximately US$500 million in the first nine months of this year.
With 129 projects worth $4.9 billion, Brunei now ranks 12th among 92 countries and territories investing in Vietnam.
During talks following the welcome ceremony for the Vietnamese leader yesterday, the two sides planned to continue high-ranking and people-to-people exchanges and meetings, which they hoped will increase mutual understanding and trust.
The two leaders spoke highly of co-operation in national defense and agreed to consider establishing a hotline between their naval forces and signing a co-operation agreement on crime prevention.
The leaders confirmed Vietnam and Brunei will continue to support each other at regional and international forums, especially ASEAN and the UN, and work with other ASEAN members to build an ASEAN Community by 2015.
President Sang stressed that Vietnam will wholeheartedly support Brunei in seeking the role of the Chairman of ASEAN and AIPA in 2013.
On his part, Brunei's Sultan stated that his country will back Vietnam's hosting of the APEC Summit in 2017 and further co-operate with Vietnam within the framework of the Trans Asia-Pacific Economic Partnership Agreement (TPP).
The two leaders agreed that ensuring peace and stability in the region, maritime freedom, safety and security in the East Sea, and the settlement of disputes through peaceful means in accordance with international law, in particular the 1982 UN Convention on the Law of the Sea, are essential tasks for the coming years.
They welcomed ASEAN's Six-Point Principles on the East Sea and the ASEAN-China Joint Statement on the 10th Anniversary of the Declaration on the Conduct of Parties in the East Sea (DOC).
Both sides stressed the necessity to fully observe DOC and work towards the signing of a Code of Conduct (COC).
After the talks, President Sang and Sultan Haji Hassanal Bolkiah witnessed the signing of banking and petroleum cooperation between the two countries.