Trade value with ITC reached over Ks8,500 million as of December

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A file photo shows a container ship docks in the Yangon River.

Trade value with the Individual Trading Card (ITC) hit over Ks8,556million as of 30 Dec in the current fiscal year, according to the Commerce Ministry.
Export value with the ITC was over Ks759million, whereas import value with ITC hit over Ks7,797million, according to statistics released by the commerce ministry.
Myawady and Kan Pike Tee border trade camps are found to have the largest trade value using the ITC. The border trade values with ITC as of December in this FY are over Ks577million in Tamu, over Ks594million in Muse, over Ks1,659million in Kan Pike Tee, over Ks513million in Tachilek, over Ks11million in Lweje, over Ks289million in Kawthaung, over Ks377million in Reed, over Ks723million in Maw Taung, over Ks24million in Keng Tung and over Ks14million in Maese and over Ks3,770million in Myawady, it is learnt.
The Trade Department issued a total of 1,161 individual trading cards; with 292 cards from 21st Nov 2012 to 31st March 2013, 261 cards in 2013-2014 FY, 317 cards in 2014-2015 FY, 146 cards in 2015-2016 and 145 cards as of end of December in this FY, according to an announcement released by the aforementioned ministry.
A businessman can trade Ks3million a day with an ITC, and the trade department granted trade up to Ks15million, which amounted to a five-day-trade-value.

Ko Khant

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