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ACQUISITIONS & MERGES
INDIA LIKELY TO SIGN DEFENCE PACT WITH BRUNEI
February 6, 2016
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1.Vice-President Hamid Ansari, currently on a trip to the Southeast Asian region, is expected to reach a landmark defence agreement with Brunei on Tuesday. Sources tell The Hindu that the agreement will be aimed at starting a new generation of Indian defence cooperation with Brunei, which disputes Chinese claims on the South China Sea.

2.The defence agreement is being interpreted as a major diplomatic breakthrough since both sides established relations in 1984. Brunei’s current defence responsibilities are handled by the U.K. which supplies soldiers to serve its defence needs. Speaking to media, mid-flight to Brunei, Vice President Hamid Ansari noted that Brunei has been a steady partner of India. The Southeast Asian country has been a key supplier of energy to India.