Description:
Teknaf, 13th June 03: "The Burma Bangladesh trade may have at last seen the daylight with the import of fish from Burma. Everyday two or three hundred tonnes of Burmese freshwater fish is unloaded at the Teknaf jetty on the Bangladesh side, our correspondent writes from the border town.
All the fish is directly shipped from Rangoon, while most of the shipment include freshwater fish. The price of the fish at local import market stands at taka 60,000 for a tonne, while in Rangoon the price of the same is kyat 750,000 or approximately taka 44,120, calculated at the present rate of 17 kyat to the taka.
In the absence of LC opening, one Bangladeshi bank, Arab Bangladesh Bank that has branches in Rangoon and Rakhine State, handles the money received by the Burmese traders. Bangladeshi traders pay the price in US dollars to the bank, which issues the same at their Rangoon branch to the Burmese exporters, who then takes all the necessary steps to ship the fish..."
Source/publisher:
Narinjara news
Date of Publication:
2003-06-13
Date of entry:
2003-06-13
Grouping:
- Individual Documents
Category:
Language:
English
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Format:
htm
Size:
7.18 KB
