|Workers unload cement from a ship at the port in Yangon, Myanmar April 5, 2012. Photo: Thet Htoo/EPA|
Myanmar is set to launch a new trade information portal to boost trade transparency by the end of 2015, reports the Global New Light of Myanmar on January 24.
|Indian Prime Minister Narendra Modi (R) shaking hands with the Myanmar Vice President Dr Sai Mauk Kham (L), during a meeting in New Delhi, India, January 21, 2015. Photo: Press Information Bureau of the Government of India/EPA|
Indian President Pranab Mukherjee has called for increased bilateral trade between Myanmar and India during a meeting in New Delhi with visiting Myanmar Vice President Dr Sai Mauk Kham, according to a report in Business Standard on January 22.
|Myanmar and China are said to be stepping up efforts to clamp down on the illegal timber trade. Seized timber in Kachin State on February 22, 2014. Photo: Mizzima|
The Myanmar and Chinese authorities plan to crack down on illegal timber trading routes along their long mutual border.
|Policemen search trucks at the gate of Myawaddy border trade zone, Myawaddy, Kayin State, Myanmar, October 3, 2014. Photo: Lynn Bo Bo/EPA|
As Myanmar’s economy continues to open up to foreign investment, the country is posting a trade deficit of US$4 billion for the first nine months of the 2014-15 fiscal year, according to the Ministry of Commerce’s latest figures.
|The sun setting as people drive and ride along a busy road in Myawaddy town, Kayin State, Myanmar, October 2, 2014. Myawaddy shares a border with Thailand's Mae Sot district. Photo: Lynn Bo Bo/EPA|
Thailand and Myanmar plan to have a joint trade committee meeting next month in an attempt to boost two-way trade and investment, according to the Bangkok Post.
The Mizo National Front in northeast India has attacked the local Congress Party government for its plans to buy rice from Myanmar, facilitated by the extension to the Silchar-Lumding railway line, according to a report from Mizonews.net on December 11.