In the Joint Statement on the 19th Annual Leaders’ Consultation, His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam and Yang Amat Berhormat the Prime Minister of Malaysia welcomed the continued strengthening of bilateral relations since the 18th Annual Leaders’ Consultation in November last year, and reaffirmed their commitment to further enhancing cooperation in areas of common interest, for the benefit of both countries.

Both leaders expressed their pleasure at the encouraging developments under the implementation of the Exchange of Letters signed by the leaders of Brunei Darussalam and Malaysia on March 16, 2009. They highlighted the important role of the Exchange of Letters in strengthening the warm and special relations between both countries and in advancing strategic cooperation.

The leaders expressed satisfaction with the continued progress made by both PetroleumBRUNEI and PETRONAS. This longstanding partnership is manifested through the collaboration in the Commercial Arrangement Areas (CAA), Production Sharing Agreement (PSA) and in other countries.

Both leaders also encouraged both PetroleumBRUNEI and PETRONAS to continue working together to find innovative solutions to commercialise recent CAA discoveries at the earliest possible opportunity. Efforts to realise an offshore hub are being coordinated by Brunei Darussalam’s Energy Department, Prime Minister’s Office.

Both leaders noted the significant progress of the Brunei Darussalam-Malaysia Unitisation Joint Working group on activities related to the Gumusut/Kakap and Geronggong/jagus East Fields, and Kinabalu West NAG and Maharajalela North Fields. They looked forward to the conclusion of Definitive Agreements for both areas by the end of this year.

The leaders expressed satisfaction with the progress of the joint technical teams on the joint demarcation and survey of the land boundary between Brunei Darussalam and Malaysia, noting that progress had been made in some of the priority areas. The leaders urged both sides to undertake joint survey and demarcation activities expeditiously, particularly in areas of significant interest to the people of both countries.

Both leaders reaffirmed their commitment to maritime cooperation and urged the officials of both countries to continue discussions towards increasing collaboration in this area with a view to having a memorandum of understanding in maritime cooperation.

The leaders expressed satisfaction with the progress of discussions on economic cooperation between Brunei Darussalam and the states of Sabah and Sarawak. They welcomed continued engagement on the Keningau Integrated Livestock Centre (KILC) in Sabah, and encouraged both sides to continue exploring other potential areas of economic cooperation.

Both leaders also noted the establishment of the Brunei-Sarawak Tourism Working Group to co-operate and collaborate in the areas of accessibility and connectivity, marketing and promotion as well as safety and security.

The leaders looked forward to the bilateral agriculture cooperation between Brunei Darussalam and Sarawak in the areas of rice production, livestock and aquaculture. The two leaders noted the intention of Brunei Darussalam and Sarawak to enter into an arrangement to cooperate in the fields of crude palm oil in the near future.

Both leaders were pleased to note the positive bilateral trade and investment flows between the two countries, apart from encouraging the private sectors of both countries to catalyse greater trade and investment cooperation, bilaterally as well as sub-regionally through BIMP-EAGA, towards the realisation of the ASEAN Economic Community.