Mar 15, 2013

Myanmar to open one more border trade point with Thailand

Myanmar will open one more border trade point with Thailand in April in a bid to boost border trade with the neighboring country, official media reported Friday.

The new border trade point of Mawtaung will be opened in Myeik in southern Taninthayi Region.

It will become the fifth border trade point with Thailand in addition to the existing Myawady, Tachikeik, Myeik and Kawthaung.

Myanmar has a total of 12 border trade points, of which four with China, four with Thailand, two with India and two with Bangladesh.

According to official statistics, bilateral trade between Myanmar and Thailand stood at 4.576 billion U.S. dollars in 2012.

Source: Xinhua

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