Myanmar’s total border trade using Individual Trading Cards (ITC) exceeds Ks 18 billion in first four months of current 2019 – 2020 fiscal year

Myanmar's total border trade using Individual Trading Cards (ITC) exceeded 18 billion kyats (12 million U.S. dollars) in first four months of current fiscal year (FY) 2019-2020 which started in October, Xinhua reported.

From October to January this FY, the ministry issued 32 ITCs and export using those cards through border gates earned over 1.78 billion kyats (1.18 million U.S. dollars) while its imports exceeded 17 billion kyats (11.3 million U.S. dollars).

Myanmar mainly exports agricultural products, animal products, marine products, minerals, forest products, manufacturing goods and others to foreign trade partner countries, while capital goods, intermediate goods and consumer goods are imported into the country.

(Mizzima: http://www.mizzima.com/article/myanmars-total-border-trade-using-itcs-exceeds-18-billion-kyats )

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