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China and Brunei to step up oil and gas development


Chinese President Xi Jinping and Brunei's Sultan Haji Hassanal Bolkiah reaffirmed their political resolve to enhance the bilateral ties through cooperation and collaboration across various areas including oil and gas, the two sides said in a joint statement on November 19.
 
Both sides agreed that the "successful visit" of President Xi to Brunei was of "strategic importance" to the deepening of bilateral relations, said the statement issued after talks between the two leaders.
 
The two sides expressed satisfaction with the progress of cooperation in the energy sector, and agreed to continue to support relevant enterprises of the two countries to cooperate in the areas of maritime oil and gas resources, in accordance with the principles of international law and the principle of mutual respect, equality and mutual benefit.
 
In the statement, both sides welcomed the improving cooperation between China and ASEAN member states in the South China Sea.
 
The two sides agreed to strengthen coordination and cooperation within various multilateral frameworks.
 
Source:sxcoal

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