Brunei Darussalam's Foreign Trade Policy Objectives
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To promote an outward looking and conducive environment for trade and investment in Brunei Darussalam.
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Explore and identify market opportunities for Brunei Darussalam's business people.
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To increase economic activities and contribute significantly to economic diversification (i.e. away from oil and gas).
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Maximize benefits from involvement in international and regional fora.
Main Pillars of Brunei Darussalam's Foreign Trade Policy
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The World Trade Organization (WTO) provides the stable framework of multilateral trade rules that ensure the freer flow of goods and services.
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Participation in regional economic forums is based on the concept of "open regionalism".
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Free Trade Agreements (FTAs) with key trading partners can help to facilitate trade liberalization and strengthen trade links.
Guiding Principles of Brunei Darussalam's Foreign Trade Policy
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Pursuit of free and open trade within the context of multilateral trade rules.
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Support for an open, rules-based and non-discriminatory multilateral trading system.
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Recognition of "open regionalism" as a building block towards multilateral trade liberalization.