Brunei–India relations
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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 in 1929, a number of Indians migrated to Brunei to work in the oil and allied services sectors and later as a teachers with some of them inter-marrying 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 and 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
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- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 Lua error in package.lua at line 80: module 'strict' not found.
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