Myanmar and China authorities signed a MOU for technology exchange, market analysis and fruit trade at Nanning City in China

15 Oct 2019
Myanmar and China authorities signed a MOU for technology exchange, market analysis and fruit trade at Nanning City in China

The Myanmar Fruit, Flowers and Vegetable Producers Association and China’s Fruits and Vegetables Association signed a Memorandum of Understanding (MoU) for technology exchange, market analysis, and fruit trade at Nanning City in China on September 22, according to U Kyaw Thu, General Secretary of the association.

The separate contracts will be signed between the two countries for different kinds of fruits.

“Myanmar will export mangos, avocado, pineapple, Konjac, watermelon, and muskmelon. In return, China will export apple and oranges to Myanmar, he said.

The MoU also covers logistics on trade routes by sea air, and overland routes. U Kyaw Thu said the MoU will enable Myanmar fruits to capture higher prices.

Myanmar earns around $150 million annually from fruit exports to China, and most of the fruit is watermelon. It is estimated that Myanmar exports nearly 900,000 tons of watermelon annually.

The new MoU comes at a good time for Myanmar exports. Watermelon exports to China have dropped drastically due to transportations issues in conflict areas and because Chinese farmers have been growing their own watermelons.

 

(Myanmar Business Today: https://www.mmbiztoday.com/articles/myanmar-and-china-sign-mou-fruit-trade )

 

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