MOC unveils new agricultural export reform plan

The Myanmar government outlined an agricultural trade plan to improve the nation’s struggling export trade sector, according to an article in yesterday’s edition of Myanma Alin Daily newspaper.

The plan will address challenges including municipal container truck bans, paperwork hurdles and administrative obstacles that complicate export logistics and result in higher and less competitive prices for Myanmar goods in international markets. Dr Myat Min, an agricultural product exporter, said a long-term plan should be developed to address high transportation costs and Myanmar ports’ lack of capacity.

He also expressed concerns about Myanmar’s inability to produce quality goods. Exporters say their transportation charges have rapidly increased in recent years, by as much as 30 per cent per annum. Meanwhile, agricultural exports increased by 26 per cent against other export products this past financial year, according to Commerce Ministry statistics.

Source: The Global New Light of Myanmar