Turkey inks trade deal with Brunei

ISTANBUL - Hürriyet Daily News

Turkey has signed a trade agreement with the Kingdom of Brunei, one of the wealthiest countries in the world, according to daily Sabah.

Turkey signed the agreement with the Sultan of Brunei, who has a net worth totaling $40 billion, which include gold-plated airplanes, 7,000 cars and a palace with 1,188 rooms.

According to the trade agreement, Turkey will partner with Brunei in the areas of energy, construction, agriculture, industry, culture and tourism.

The trade agreement is submitted to the Turkish parliament for approval.

The Kingdom is given a “most favored country” status accoring to the agreement.

Brunei is a small nation in Southeast Asia that has an area of 147,000 square kilometers and a population of 400,000.

The country’s wealth stems from its petroleum resources. Sultan Bolkiah lives in the world’s largest palace with an area of 200,000 square-meters, which features 1,188 rooms, 290 bathrooms and five swimming pools .