Myanmar-China border trade fair to be held in N. Myanmar

YANGON, Nov. 18 (Xinhua) — The Myanmar-China border trade fair is scheduled to be held in Lashio, the largest city in Myanmar’s northern Shan state, for the first time, according to the Ministry of Commerce Monday.

The four-day border trade fair, jointly organized by Myanmar’s commerce ministry and China’s Lincang city government, will be held on Nov. 21-24.

Companies from Lincang selling electrical appliances and consumer products will exhibit their products, while Myanmar’s finished forestry products, food, tea leaves and agricultural products will be showcased at the event, which will feature 132 stalls from the two countries.

According to the organizers, the trade fair is aimed at boosting trade relations between Lashio city of Myanmar and Lincang city of southwest China’s Yunnan province, strengthening interaction between traders, creating more jobs for local residents and promoting tourism.

The last Myanmar-China border trade fair took place in Muse of Myanmar in December 2018.

According to the figures of the Myanmar Ministry of Commerce, border trade between Myanmar and China reached over 4.3 billion U.S. dollars in over eight months of the fiscal year 2018-19, which ended in September.

Myanmar mainly conducts border trade with China through Muse, Lweje, Chinshwehaw, Kanpikete and Kengtung border gates.

As of June 14 this year, Myanmar’s export through border checkpoints registered 3 billion U.S. dollars while its import recorded 1.3 billion U.S. dollars.

Source : Asia & Pacific

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