Joint ventures in Sabah, Sarawak
Plan on World Zakat Organisation
VARIOUS milestones were met
following the annual meeting between leaders of Brunei Darussalam and Malaysia
yesterday in the neighbouring state's administrative capital Putrajaya, which
include proposals to embark on joint undertakings in the oil and gas sectors in
Sabah, Sarawak and other third countries.
His Majesty the Sultan and Yang
Di-Pertuan of Brunei Darussalam and Malaysia Prime Minister Yang Amat Berhormat
Dato Sri Mohd Najib Tun Hj Abdul Razak also discussed a proposal for the
establishment of the World Zakat Organisation (WZO), stated a Joint Statement
released by Putrajaya following the conclusion of the 16th Annual Leaders
Consultation between Malaysia and Brunei Darussalam.
The organisation is hoped to
uphold zakat as the third pillar of Islam and religious devotion for the
benefit of economic and social development of the Ummah, added the statement.
The Malaysian premier stated he is looking forward to Brunei Darussalam
becoming a founding member of the organisation.
Both leaders welcomed significant
achievements attained since the last meet, which was held in Bandar Seri
Begawan on September 12, 2011.
His Majesty and YB Dato Sri Mohd
Najib also expressed their satisfaction with the continuing developments in the
exploration and exploitation of hydrocarbon resources in the Commercial
Arrangement Area (CAA) and urged both countries national petroleum authorities
to intensify discussions on the developments of Blocks N and Q, as well as
downstream industries.
Significant progress has also
been made on joint demarcation and survey of land boundary whereby the leaders
instructed the Joint Land Boundary Technical Committee to ensure that the work
be carried out expeditiously giving priority to the already identified areas.
In the statement, the leaders said they were pleased with the signing of the
Memorandum of Understanding (MoU) on the Process for the Joint Demarcation and
Survey of the Land Boundary and its Terms of Reference on March 19 this year in
Johor Bahru, Malaysia.
Special mention was made on
investment opportunities and joint economic developments between the Sultanate
and its neighbours Sarawak and Sabah. While the leaders stated that they are
looking forward to closer collaboration between the Sultanate and Sarawak on
various sectors such as telecommunications, tourism, halal hub development and
agriculture, they also welcome the signing of a MoU on power connectivity as
well as investments in other power projects which will strengthen cooperation
on energy security towards the realisation of the greater ASEAN Power Grid.
The monarch and Malaysia's
premier also expressed satisfaction with economic cooperation between Brunei
and Sabah, particularly the signing of the Heads of Terms Agreement relating to
the Keningau Integrated Livestock Centre - a collaborative project between the
Sabah Economic Development and Investment Authority (SEDIA) and Annam
Corporation, a subsidiary of the Brunei Investment Agency (BIA) signed on June
16 this year.
Efforts to promote
people-to-people interaction and travel between the two countries were
highlighted in the Joint Statement, particularly the construction of the bridge
spanning the Pandaruan River. The leaders stated that they are looking forward
to the timely completion of the project next year.
Both leaders are looking forward
to the convening of the 21st ASEAN Summit and related Summit in Phnom Penh,
Cambodia in November this year, as well as Brunei's chairmanship of ASEAN in
2013. His Majesty took the opportunity to brief the Malaysian premier on the
Sultanate's chairmanship.
South China Sea developments were
also discussed and both leaders welcomed ASEAN's Six-Point Principles on the
issue, which was agreed to by the body's foreign ministers on July 23 this
year.
The monarch and Dato Sri Mohd
Najib agreed that the issue should be resolved through peaceful means.
Positive developments in
expressing satisfaction with the outcome of the meeting, His Majesty and the
Prime Minister of Malaysia conveyed their warmest greetings to the people of
both countries on the occasion of Hari Raya Aidil Fitri 1433 Hijrah and agreed
the 17th Annual Leaders Consultation will take place in Brunei next year.
AZRINA ABDUL KARIM
The Brunei Times
To
read the complete document, please go to www.bt.com.bn
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