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NEWS- Thailand to Negotiate with My



Thailand to Negotiate with Myanmar on  Border Trade

               Xinhua
               11-JAN-98

               BANGKOK (Jan. 12) XINHUA -
               Thailand will negotiate with Myanmar
               to resume border trade after two
               months of border closure halted
               millions of baht's worth of business
               transactions.

               Thai Deputy Commerce Minister
               Pothipong Lamsam was quoted
               Monday by the local press as saying
               concerned agencies would travel to
               Yangon soon to persuade the
               Myanmar authorities to lift an order
               issued in November to close three
               border passes between the two
               countries.

               Myanmar reasoned that the closure
               would enable it to streamline its
               border trade formalities and set up
               new orders requiring that all business
               transactions be made through banks
               in order to meet international
               standards.

               But Pothipong said he wants the
               implementation of the
               business-via-bank requirement to be
               delayed as both sides need time to
               prepare for the new system.