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(Xinhua) Myanmar-HKSAR bilateral t
- Subject: (Xinhua) Myanmar-HKSAR bilateral t
- From: darnott@xxxxxxxxxxx
- Date: Tue, 02 Nov 1999 04:01:00
Myanmar-HKSAR bilateral trade up
Xinhua, Yangon, 2 November 1999. Trade between Myanmar and
China's Hong Kong Special Administrative Region (HKSAR) amounted to
67.87 million U.S. dollars in the first half of this year, up 13.89 percent
over
the same period of last year which was 59.59 million dollars. Of the total,
Myanmar's imports from the HKSAR was valued at 40.88 million dollars,
a 0.3 percent drop from the corresponding period of last year which was 41
million
dollars, the official economic indicators said in its latest issue.
Meanwhile, Myanmar's
export to the HKSAR stood at 26.99 million dollars, increasing by 45.18
percent
over the same period of last year which was 18.59 million dollars.
The indicators also show that in 1998, Myanmar-HKSAR bilateral trade
went to 136.9 million dollars, of which Myanmar's imports from the HKSAR
represented 89.69 million dollars, while its exports to the HKSAR were
47.21 million dollars.
In the past five years, Myanmar drew investments totaling 69.32 million
dollars
from the HKSAR, accounting for 1.2 percent of the total foreign
investment of 5.6415 billion dollars in the period.
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