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Almost 90% of border trade with China: commerce dept

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Almost 90% of border trade with China: commerce dept

Trade with China through the four border checkpoints accounts for more than 87 per cent of total border trade, and has surpassed US$2 billion so far this fiscal year, according to the department of commerce and consumer affairs.

From April 1 to September 5 the four checkpoints on the border with China have seen combined trade of 2.15 billion, which accounts for more than 87 per cent of all trade that passed through the 15 checkpoints on Myanmar’s borders with Thailand, China, India and Bangladesh. Total trade through the 15 checkpoints was slightly less than US$2.46 billion during the period, according to the department.

Continues here:- http://www.elevenmyanmar.com/index.php?option=com_content&view=article&id=7555:almost-90-of-border-trade-with-china-commerce-dept&catid=33:business&Itemid=356

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