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NEW UPDATES Asean Affairs  17 September 2014  

U.S. Business Engages Brunei on TPP, AEC

A delegation of 5 leading U.S. companies organized by the US-ASEAN Business Council visited Brunei for discussions with the government around Brunei’s participation in the Trans-Pacific Partnership (TPP) and Brunei’s plans for the ASEAN Economic Community (AEC). The delegation was led by Alexander Feldman, the President and CEO of the US-ASEAN Business Council and Lai Yeow Hin, Market Development Director, Singapore and Brunei, for the Council’s Brunei Committee chair GE.
“Brunei is an important member of ASEAN and is a leader in areas such as the Trans Pacific Partnership (TPP) and ASEAN Economic Community. The TPP in particular stands to substantially boost interest in foreign direct investment flowing into Brunei and to opportunities for domestic companies to access regional and international markets through eCommerce,” said Alexander Feldman. “This mission will aim to bolster the strong working level relationship between the Brunei Government and the US Business Community, and explore further areas for collaboration especially around engagement of SME’s in Brunei.”
The delegation met with officials including Pehin Dato Lim Jock Seng, Minister of Foreign Affairs and Trade, Hjh Hasnah Hj Ibrahim, Acting CEO of the Brunei Economic Development Board, Dato Bahrin, Deputy Minister, Ministry of Finance, Dr. Hjh Rahmah bte Hj Md Said, Acting Permanent Secretary, Ministry of Health, and Junaidi Masri, Acting Managing Director, Brunei Investment Agency.
The discussions focused around how U.S. Business can support expanding the capacity of Brunei’s Small and Medium Sized Enterprises, help build Brunei’s human capital, and offer support toward Brunei’s economic diversification.
Companies participating on the delegation include GE, ConocoPhillips, KPMG, Microsoft, and Visa.

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By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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