Bangladesh-Myanmar border trade increases


FE Online Desk | Published: February 19, 2018 18:38:44


Bangladesh-Myanmar border trade increases

The border trade between Bangladesh and Myanmar has reached US$22 million as of February 9 in current fiscal year.

The amount showed an increase of $13 million compared with the same period last FY, state media of Myanmar reported quoting country's Ministry of Commerce.

Border exports between the two countries this FY increased by more than $21.759 million, compared with last FY, whereas the value of border imports was $0.567 million, reports Mizzima News.

Border trade between the two countries is conducted through the Sittway and Maungtaw cross-border trade camps.

From last April until February, trade through the Maungtaw gate reached $10.928 million, while trade from the Sittway border point was valued at $10.831 million.

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