Due to the opening of the Kenglat border trade station between Myanmar and Laos with special funds from the Lancang-Mekong Cooperation, the economy between the two countries will further increase, and the friendship between the people will also improve, Union Minister for Commerce U Aung Naing Oo said during the opening ceremony of the trade station held on 26 August.
Before the opening ceremony, members of the ethnic perform traditional dances.
The trading post was implemented and built with the Lancang-Mekong Cooperation Special Fund 2021. The trade station, which was previously opened temporarily, has been upgraded to become a new one with the full characteristics of a big trading station.
The Union minister expressed his gratitude to the People’s Republic of China for providing support from the Lancang-Mekong Cooperation Special Fund for the construction of the camp buildings.
Due to the seperation of the Mekong River between the two countries, bilateral trade has not developed, but the Myanmar-Laos friendship bridge was built, and the natural barrier was overcome.
The Kenglat Trade Station was temporarily opened on 15 March 2015. The trade agreements between Myanmar and Laos were signed on 8 May 1995, and the bilateral border region management and cooperation agreement was signed in Myanmar-Lao-English languages on 27 March 1997 in Yangon by the foreign ministers of the two countries.
The construction of the Myanmar-Laos Friendship Bridge over the Mekong River began in February 2013, was completed on 25 April 2015, and opened on 9 May 2015.
After the opening ceremony of the trading post, the Union minister and the party visited the Myanmar-Laos Friendship Bridge over the Mekong River, visited the trading post in Meyan Ward of Tachilek, met employees, and discussed issues related to promoting exports and preventing illegal trade. — MNA/TWA/KZL