Over 500 import/export licences granted at Muse border trade zone in December

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Cargo trucks seen at Muse 105th-mile border trade zone.

The Trade Department under the Ministry of Commerce has been issuing import/export licences at the border trade zone and between 1 and 18 December, a total of 514 licences were granted at the Muse trade zone for Sino-Myanmar cross-border trade, the Ministry of Commerce stated.
Import/export and related business licences can be done through Myanmar Tradenet 2.0 and three licences for exports and 511 for imports of machines and parts, tangerine, stationery, pesticide and other commodities were issued in those days.
To facilitate the National Single Window system, have a single entry in trading and digitize the licensing system and related businesses, the Trade Department under the Ministry of Commerce has officially started the Myanmar Tradenet 2.0 portal from 1 November 2020.
The trade value at Muse 105th-mile trade zone totalled U$S1.535 billion, comprising exports worth $1.35 billion and imports worth $182.493 million.—TWA/EMM

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