Wednesday, 9 January 2013

Thai-Burmese border trade up 25%

Cross-border trading—which accounts for 85% of Burma-Thailand total bilateral trade—increased by 25% last year, according to an official from the Burmese Ministry of Commerce.

“In 2011, Thai-Myanmar bilateral trade stood at US $6.1 billion,” he said. “Some 85% of that is cross-border trade.”


He reaffirmed that the two countries intend to triple bilateral trade by 2015.

According to records from Burma’s Department of Border Trade, in the fiscal year 2011-12, bilateral trade at the Tachilek border reached nearly $46 million; Myawaddy $24.5 million; Kawthaung  $122 million; and Myeik border trade was $135 million.

source: Mizzima
http://www.mizzima.com/business/8697-thai-burmese-border-trade-up-25.html

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