Brunei Darussalam – Japan Trade agreement

NameBrunei Darussalam – Japan
MembersBrunei Darussalam – Japan
Type of agreementBilateral Free Trade Agreement
Date of signatureJune 18, 2007
Current StatusOn-going
Key points1. Economic Partnership and avoidance of tax has been signed. In oil and gas industry, over 82% Bruneian liquefied natural gas (LNG) were sold to Japan and Brunei provides over 5 million tons of the LNG per year to three Japanese utilities.
2. Japanese companies have been active in investing in Brunei and were planning on new projects in other areas such as on petrochemicals and halal food.
3. Both countries also seek co-operation in the field of renewable energy and in energy saving, and keen to expand relations in education, agriculture and health.

For more details, kindly check the link in references.
Annexehttps://wits.worldbank.org/GPTAD/PDF/archive/Brunei-Japan.pdf
References
1. Brunei Darussalam – Japan Trade Agreement, accessed November 2020, https://bit.ly/3lXXYz7

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