Xinhua, Yangon :
Border trade between Myanmar and India has reached over 61.2 million U.S. dollars as of Aug. 17 during the six-month transitional period which started in April this year, the figures from the Commerce Ministry showed on Saturday. The country has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional gap.
During the period, the country’s export to India via border gates amounted to 54 million U.S. dollars while its import shared only 7.2 million U.S. dollars.
The total border trade between the two countries increased by 35.2 million U.S. dollars compared to the same period in last fiscal year 2017-2018 while it showed 26 million U.S. dollars.
The country mainly conducts trade with India through Tamu and Reed border gates.
From April to Aug. 17, Myanmar’s border trade with foreign countries totaled over 3.1 billion U.S. dollars , with an increase by 457 million U.S. dollars compared to the same period of last FY 2017-18, according to the figures from the ministry.
Border trade between Myanmar and India has reached over 61.2 million U.S. dollars as of Aug. 17 during the six-month transitional period which started in April this year, the figures from the Commerce Ministry showed on Saturday. The country has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional gap.
During the period, the country’s export to India via border gates amounted to 54 million U.S. dollars while its import shared only 7.2 million U.S. dollars.
The total border trade between the two countries increased by 35.2 million U.S. dollars compared to the same period in last fiscal year 2017-2018 while it showed 26 million U.S. dollars.
The country mainly conducts trade with India through Tamu and Reed border gates.
From April to Aug. 17, Myanmar’s border trade with foreign countries totaled over 3.1 billion U.S. dollars , with an increase by 457 million U.S. dollars compared to the same period of last FY 2017-18, according to the figures from the ministry.
