We need foreign skills to stay competitive.
Brunei Darussalam is one of the oldest kingdoms in South East Asia.
As a small country, both in size and population, our future hinges on the quality of our people.
The level of our educational development is high and serves as a strong basis for our future progress.
We are increasing our efforts to attract the right kind of foreign investors through our various agencies.
There is no conflict between favouring Islamic and traditional values and being more open and international.
Today, bilateral relations with Britain are excellent, with cooperation in many areas and both countries continuing to work on strengthening these ties.
The development of our human resources is an area in which we need to do well as it is decisive in determining the success of our diversification programme.
Our strength in finance has led us to set up an international financial centre with medium and long-term objectives, especially to develop Islamic financial and insurance services.
We are considering various ways of making use of our oil and gas downstream industries. This is to be complemented with the import of oil and gas from other sources as raw materials.