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Russia, Brunei agree to develop military, energy cooperation

RIA Novosti

00:08 17/10/2009 MOSCOW, October 16 (RIA Novosti) - Russia and Brunei intend to develop military and energy cooperation, the countries said in a joint statement on Friday after Sultan Hassanal Bolkiah's visit.

During the week, Bolkiah met with Russian President Dmitry Medvedev, as well as officials from Russian state arms exporter Rosoboronexport for discussions on the possibility of future arms purchases.

"It was noted that military sphere is a promising direction. The sides spoke in favor of signing a military cooperation agreement after concluding ongoing negotiations," the statement said.

The countries also intend to "step up cooperation" in the energy sector.

The two countries also agreed to step up trade, economic and investment cooperation. Analysts say Russia's trade with the southeast Asian nation could increase to $50-75 million over the coming three to five years. Last year it was worth $802,700 with Russian exports at $801,900 and imports at a mere $800.

The joint statement also said Russia and Brunei "decisively condemn and reject terrorism in all its forms and manifestations," and support the adoption of the Comprehensive Convention on International Terrorism.

Bolkiah invited Medvedev to visit Brunei. "The invitation was accepted with gratitude. The date of the visit will be coordinated through diplomatic channels," the statement said.

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