Brunei–India relations

Brunei–India relations

Brunei
India

Brunei–India relations refers to bilateral foreign relations between Brunei and India. Brunei has a high commission in New Delhi, and India has a high commission in Bandar Seri Begawan.[1]

History

Relations were established on 10 May 1984.[1][2] His Majesty Sultan Hassanal Bolkiah made a state visit to India in September 1992.[1][2] Since the discovery of oil in Brunei on 1929, there are a number of Indians been brought to Brunei and working in the oil sector and allied services and later as a teachers with some of them inter-married with local Bruneian peoples.[2]

Economic relations

In economic, five memorandum of understanding has been signed by both countries such as exemption on visa, requirement for holders of diplomatic and official passports, defence co-operation, health and shipping and ports agreement.[2] The main export of Brunei to India is crude oil, while India main export to Brunei are labours both on professionals and semi-skilled workers.[2] Many Indian businessman also has monopoly business in Brunei especially on textiles and the majority of doctor in Brunei were come from India.[2] In 2010 until 2011, the Indian exports to Brunei has increased from $34.22 million to $36.53 million whie Bruneian exports to India rose from $674 million to $1266 million, which mainly due to rise in petroleum off take by Indian petrochemical companies.[3]

Further reading

References

  1. ↑ 1.0 1.1 1.2 "Brunei-India Relations". Ministry of Foreign Affairs and Trade (Brunei). Retrieved 17 February 2014.
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 "India-Brunei Relations" (PDF). Ministry of External Affairs (India). January 2013. Retrieved 17 February 2014.
  3. ↑ "Economic relations". High Commission of India (Brunei Darussalam). Retrieved 17 February 2014.