Individuals' border trade hits 12 mln USD in 4 months in Myanmar

Description: 

"Myanmar's total border trade using Individual Trading Cards (ITC) exceeded 18 billion kyats (12 million U.S. dollars) in first four months of current fiscal year (FY) 2019-2020 which started in October, according to figures released by the Ministry of Commerce on Thursday. From October to January this FY, the ministry issued 32 ITCs and export using those cards through border gates earned over 1.78 billion kyats (1.18 million U.S. dollars) while its imports exceeded 17 billion kyats (11.3 million U.S. dollars). During the period, Myawady border gate recorded the highest ITC's trade with 11.3 billion kyats (7.5 million U.S. dollars). The ministry has issued a total of 1,719 ITCs, registering its trade value of over 188 billion kyats (125.3 million U.S. dollars) so far since FY 2012-2013, according to the ministry's figures..."

Creator/author: 

huaxia

Source/publisher: 

"Xinhua" (China)

Date of Publication: 

2020-02-13

Date of entry: 

2020-02-14

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, Thailand, Bangladesh

Language: 

English

Resource Type: 

text

Text quality: 

    • Good