With the pandemic still ongoing, the global economy remains fragile and uncertain. In combating this crisis, it is more important than ever for ASEAN and its dialogue partners to enhance solidarity and cooperation and to encourage continued engagement between the private and public sectors.
His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam said in a titah through a video recording at the opening of the ASEAN Business and Investment Summit (ABIS) 2021, held virtually yesterday.
As the Chair of ASEAN for 2021, Brunei Darussalam has the honour of leading the region towards economic recovery. The theme, ‘We Care, We Prepare, We Prosper’ affirms ASEAN’s collective commitment to care for its people and prepare for future challenges and opportunities to ensure that the whole ASEAN Community can sustainably prosper.
Under the ASEAN Economic Community, the monarch said Brunei Darussalam’s 13 Priority Economic Deliverables showed our determination to focus our efforts towards the region’s economic recovery post-pandemic while leveraging the new technologies and digitalisation to ensure that we are able to achieve further technological advancement and sustainable economic growth in ASEAN.
The signing of the Regional Comprehensive Economic Partnership (RCEP) Agreement last year also demonstrated ASEAN’s concerted efforts towards advancing international trade cooperation and regional recovery.
The ABIS Summit, His Majesty added, will provide a platform for policy-makers and other stakeholders to discuss, share experiences and work together to enable businesses to become more sustainable and resilient against future shocks.
His Majesty looks forward to continuous cooperation between the private and public sectors, so the regions can recover together and emerge stronger.
The Summit, Southeast Asia’s premier annual business forum, featured Heads of State, Presidents and Prime Ministers from ASEAN and its global partners, leaders of business, the public sector, with over 2000 individuals participated in the Summit from over 50 countries ranging from the UK to Chile to across Asia.