Border trade in­creases

Mizzima Business Weekly - - CONTENTS -

The value of border trade from 1st April 2017 to 19th Jan­uary this fis­cal year in­creased by US$271 mil­lion, com­pared to the same pe­riod last year, state me­dia re­ported. Border trade, mea­sured from 1st April 2017 to 19th Jan­uary this fis­cal year, reached US$6.338 bil­lion, which in­cluded US$ 4.07 bil­lion in ex­ports and US$ 2.27 bil­lion in im­ports, ac­cord­ing to sta­tis­tics from the Min­istry of Com­merce. Myan­mar’s im­ports and ex­ports with neigh­bor­ing coun­tries, in­clud­ing China, In­dia, Bangladesh and Thai­land. Si­noMyan­mar border trade is car­ried out at the Muse, Lweje, Kan­pike­tee, Chin Shwe haw and Keng­tung gates, while Myan­mar is con­duct­ing border trade with In­dia through the Tamu and Reed border cross­ings. The coun­try’s border trade gates with Bangladesh are Sittway and Maungtaw, and trade with Thai­land passes through the Tachilek, Myawady, Kawthaung, Myeik, Htee Khee, Maw­taung and Maese cross­ings, the re­port said.

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