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Myanmar aims bilateral trade of $100mn next fiscal
01 Feb '07
1 min read
Government has decided to invest in the upcoming special economic zone (SEZ) with high-tech industries in Myanmar.
Myanmar Vietnam Joint Trade Committee has proposed that both nations make efforts to raise bilateral trade volume to US$100 million in financial year 2007-08, which begins from April.
Myanmar exports timber to Vietnam. It imports clothing materials, chemicals, pharmaceuticals and construction materials from the country.
Bilateral trade volume between both countries stood at $60 million per annum during previous years.
Myanmar plans to establish six free trade zones under a new SEZ regulation to come in force soon. Trade fairs will also be organized in major cities of these nations to expand bilateral trade.
Myanmar Vietnam Joint Trade Committee has proposed that both nations make efforts to raise bilateral trade volume to US$100 million in financial year 2007-08, which begins from April.
Myanmar exports timber to Vietnam. It imports clothing materials, chemicals, pharmaceuticals and construction materials from the country.
Bilateral trade volume between both countries stood at $60 million per annum during previous years.
Myanmar plans to establish six free trade zones under a new SEZ regulation to come in force soon. Trade fairs will also be organized in major cities of these nations to expand bilateral trade.
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