Nov 19, 2015

Myanmar-China border trade tops $3 bn

The border trade between Myanmar and China has topped US$3 billion this year, which is about $200 million more than last year’s value during the same period.

The border trade hubs in Muse, Lweje, Chinshwehal and Kanpitetee all process transactions with China, with Muse processing the highest trade volume.

Myanmar has signed border trade contracts with India, Thailand, China and Bangladesh.

Myanmar exports agricultural products, animal products, mineral extracts, forest products and industrial finished products. The country imports commodities, industrial raw materials and capital goods.

Mobile investigation units are also combating illegal smuggling at border gates.

Source: Eleven Weekly Media