Description:
"BILATERAL border trade stood
at over US$ 747.63 million as of
26 June in the current 2019-2020
fiscal year which saw an increase
of $730 million from the corresponding period of last year,
according to the Ministry of
Commerce.
At this time last FY, Myanmar-Bangladesh trade through
two borders hit $17.26 million,
with exports worth $15.98 million
and imports amounting to $1.27
million.
When compared with last
FY, this FY saw a significant increase in the value of exports by
$427.42 million while the bilateral
imports rose by $302.96 million.
Between 1 October and 26 June,
Myanmar exported $443.4 million worth domestic products to
Bangladesh and imported goods
valued over $304.2 million.
Myanmar exports goods to
Bangladesh through both maritime and land routes. Bilateral
border trade is conducted mainly
through the Sittway and Maungtaw points of entry.
The products traded between the two countries include
bamboo, ginger, peanuts, saltwater prawns and fish, dried plums,
garlic, rice, mung beans, blankets, candy, plum jams, footwear,
frozen foods, chemicals, leather,
jute products, tobacco, plastics,
wood, knitwear and beverages.
The trading through Sittway land border has been suspended temporarily after the
coronavirus positive patient
292 was found in Sittway checkpoint. However, bilateral through
Maungtaw border crossing is
still being conducted regularly.
During the pandemic period,
the trade is still being conducted through Maungtaw border
although the crossing has been
suspended for people to cross.
At present, the bilateral trading
was suspended for a temporary
period though Sittway land border. So, the cargoes which have
been prepared to export will be
traded through Maungtaw border, according to the traders.
Currently, cargo boatmen,
who came back from Bangladesh
through Maungtaw border, are
restricted from travelling, thus
they have to stay at the private
buildings in the jetty. The imported cargos from Bangladesh
are also sprayed before being
allowed to load onto the jetty.
For prevention of the spread
of coronavirus disease, the fire
services personnel from Maungtaw Township sprayed all-cargo
boats in Maungtaw border with
the disinfectants at 10:30 am on
1 July..."
Source/publisher:
Myanmar Ministry of Information via "The Global New Light of Myanmar"
Date of Publication:
2020-07-05
Date of entry:
2020-07-06
Grouping:
- Individual Documents
Category:
Countries:
Myanmar
Administrative areas of Burma/Myanmar:
Rakhine State
Language:
English
Local URL:
Format:
pdf
Size:
409.11 KB
Resource Type:
text
Text quality:
- Good