Only when China eases virus policy can Muse border trade recover: MRWD

LOCAL NEWS

Only if China lifts COVID restrictions can Muse border trade revive, said U Min Thein, the Muse Rice Wholesale Depot vice-chair.
China banned Myanmar trucks and drivers from entering its side because of the COVID-19 protocols, and only Chinese short-haul drivers are allowed to transport the goods.
As a result, the cost of Chinese short-haul trucking tremendously rose to K10 million per truck, whereas the trucking was worth only K700,000-K800,000 when Myanmar truckers were allowed to enter China, he continued.
“China permits only their trucks for freight forwarding service because of the COVID rules. Myanmar’s trucks cannot enter China, and there is a shortage of China’s trucking services. If Myanmar trucks are allowed to enter China’s border, transportation costs will certainly drop. Another trade barrier is a red tape of the COVID regulations,” he elaborated.
Therefore, the rice and broken rice export volume plunges from 60,000 to 4,000 bags per day, U Min Thein stressed.
The exports of rice and broken rice drastically fell in the past mini-budget period (October 2021-March 2022). Border trade saw exports of 76,000 tonnes only out of 1.4 million tonnes in overall export.
China shut down all the checkpoints linking to the Muse border amidst the COVID-19 pandemic. Of the checkpoints, Kyinsankyawt has resumed trading activity from 26 November on a trial run. Myanmar daily delivers rubber, various beans and pulses, dried plum, watermelon, muskmelon and other food commodities to China through Kyinsankyawt post with about 30 trucks.
Myanmar has opened five border trade zones with China — Muse, Lwejel, Kampaiti, Chinshwehaw and Kengtung. Most of the trade is carried out through the Muse land border, the Ministry of Commerce’s data indicated. — NN/GNLM

Share this post
Hot News
Hot News
Union Information Minister inspects Pyinmana-Thabyay Taung MRTV retransmission station
NSA Union Minister hosts dinner for BIMSTEC delegates
DPM MoFA Union Minister receives Russian Ambassador
Myanmar attends India-ASEAN Trade Conference 2024 in India
NSA & Union Minister receives BIMSTEC national security chiefs
Myanmar calls for collaboration to ensure food, energy security during 4th BIMSTEC National Security Chiefs’ Meeting
SAC Vice-Chair Deputy PM Vice-Senior General Soe Win receives Russian Ambassador to Myanmar
Myanmar, Sri Lanka to promote sector-wise cooperation
E-government initiative key to advancing digital economy
‘With Rain’ displays at Artistic Space art gallery