UK appoints new trade envoy to Brunei

National 1 minute, 39 seconds

BANDAR SERI BEGAWAN

THE British government has appointed Mark Garnier MP as the new trade envoy to Brunei, the British High Commission here announced in a statement.

The High Commission said the appointment, which was announced by British Prime Minister David Cameron, is part of a new “whole-of-government approach” to boosting trade with priority markets and sectors.

“Acting as trade envoy to Brunei provides a fascinating chance to help develop the opportunities between the UK and this successful Southeast Asian economy,” Garnier was quoted as saying in the statement.

“With a strong oil and gas industry already leading Brunei’s economy, opportunities for two-way trade in other sectors are available,” he added.

The new envoy said he looks forward to helping bring Brunei and British businesses together and develop long-term trade relations.

British High Commissioner to Brunei David Campbell said Garnier will play an important role in raising awareness of business opportunities as Brunei looks to diversify its economy.

The High Commissioner said trade envoys were appointed by the prime minister to act on behalf of government and to carry his personal mandate.

“Envoys were carefully selected for their experience, skills and knowledge of particular sectors or markets, or their knowledge of business. This meant they could work closely with government to promote the UK’s excellence globally and champion trade and investment priorities,” he added.

The UK now has 24 trade envoys covering 50 high growth and emerging markets, the British High Commission said.

The statement added that Garnier was elected in 2010 for the West Midlands constituency of Wyre Forest. Before becoming a member of parliament, he spent 27 years as an investment banker and investment manager.

During his time as an investment banker, he specialised in the emerging markets of Southeast Asia.

In the House of Commons, he has served on the Treasury Select Committee and the Parliamentary Commission for Banking Standards. He is also vice-chairman of the All Party China Group where he leads on financial services.

The Brunei Times