Thai businessmen have called on the Myanmar government to relax border control rules affecting trade with Thailand.
They were referring to the export of Thai products through Ban Pu Nam Ron temporary checkpoint in Kanchanaburi via the Htee Ki border checkpoint in Myanmar's Tanintharyi Division.
Myanmar President U Thein Sein left here Monday for Nanning of southwest China's Guangxi Province to attend the 10th ASEAN-China Expo, which is set to be held from Sept. 3-6.
U Thein Sein was accompanied by U Myint Hlaing, Minister of Agriculture and Irrigation, U Ohn Myint, Minister of Livestock, Fisheries and Rural Development, U Win Shein, Minister of Finance and deputy ministers and other senior officials.
Malaysian exhibition will be held at Tatmadaw Convention Hall in Myanmar's Yangon next month aimed at promoting bilateral trade between the two countries, exhibition sources said Saturday.
Organized by Malaysia External Trade Development Corporation, the exhibition is scheduled to take place from Sept. 5 to 8.
Tax-free markets will emerge along Myanmar and India border area aimed at developing border regions and alleviating poverty, official media reported Thursday.
A preliminary agreement has reached between Chin State government and India to open tax-free markets, said the New Light of Myanmar.
On August 22, the Minister of Commerce informed the Union Parliament that only a small percentage of illegal goods have been seized so far in spite of the government's effort to check illegal trading.
U Win Myit, the Minister of Commerce said that the most illegal goods enter Myanmar from Thailand and China. He explained that a comparative analysis of Myanmar's record of trade volume with other countries can identify illegally imported commodities.
Myanmar rice traders have announced that Japan has offered to import high quality rice from Myanmar for the second time in 46 years. It is a good opportunity for Myanmar’s rice industry. However, rice production may not be enough for exportation if the Government do not step up efforts to assist farmers.
Chit Khine, Chairman of the Myanmar Rice Federation, said that most farmers do not have access to agricultural loans and are unable to grow paddy. More than 100000 acres of paddy fields were also damaged by floods rendering them unsuitable for cultivation. As a result, it might be difficult to take advantage of the opportunity to export rice to Japan. He said that the government should offer assistance to farmers in need.
“The government should offer help to promote the ailing rice industry. It is only when the government provide assistance to fulfill basic requirements for paddy cultivation, that we will have surplus rice to export,” said Chit Khine.
Ye Min Aung, General Secretary of the Myanmar Rice Federation, said that Japan has set high standards and more than 200 requirements for rice that they import. The Myanmar rice to be exported will have to fulfill these standards. So exporting rice to Japan is more difficult than to Europe.
Myanmar aimed to farm 16 million acres of paddy fields this year, but only seven million acres were farmed, according to information compiled in July. Moreover, more than 100,000 acres of paddy fields in the Ayeyarwady Region were flooded. Dr. Soe Tun, Chairman of the Myanmar Farmers Association said that if the government fails to offer assistance, the total production of rice in Myanmar this year is likely to decrease.
Dr. Soe Tun said, “If the government do not offer help immediately, we will have to review whether rice production will be able meet domestic demand, before we think of exporting it.”
To be able to export high-quality rice, there is a need for efficient rice production and processing methods; choosing the right insecticides and fertilizers, and harvesting, storing and milling rice.
Myanmar has agreed to export monsoon-sown rice production to Japan. Farmers will need help to increase rice yield and to produce high quality rice.
Chit Khine, said, “After the monsoon rice production, we will export rice to Japan. Our group has distributed seeds to grow as much rice as we can, but we do not have adequate capital. So, we need assistance from the Government.”
In the Ayeyarwady Region, 95000 acres of paddy fields in Pyapon Township, 1500 acres in Bogalay Township and more than 46000 acres in Kunchangon Township were flooded. Similarly, most of paddy fields in the Tanintharyi Region and Karen State were also flooded. More than 3,000 acres of paddy fields in Pyapon Township were completely damaged.
Rice export to Japan in May
In May, the Myanmar Agribusiness Public Corporation has exported 5,000 tons of high-quality rice to Japan's Mitsui Corporation for the first time in 46 years.
During the fiscal year 2012-13, Myanmar exported 1.6 million tons of rice, but more than 80 percent of the rice were low quality '25 mark' rice that are priced at $350 per ton.
Chit Khine trader said that if Myanmar can export high-quality rice with a price range of US$400 to US$500, it will be more beneficial for the rice industry.