Myanmar to export 200,000 tons of maize grain to China next year 2008-12-25 20:14:45   Print

    YANGON, Dec. 25 (Xinhua) -- Myanmar will export 200,000 tons of maize grain to China through the Muse border trade point in the next financial year of 2009-2010, the local weekly journal Yangon Times reported Thursday.

    The foreign importer will use Myanmar's maize as animal feed and dyeing in industry after grinding.

    The deal was made at a recent meeting of the Myanmar-China Border Trade Joint Committee on the occasion of a three-day Myanmar-China border trade fair held in the Muse border trade zone of Myanmar side.

    According to the Union of Myanmar Federation of Chambers of Commerce and Industry, most of the country's maize are cultivated in northern Shan state while others are grown in the central part.

    Border trade between Myanmar and China has made rapid progress with 935 million U.S. dollars registering for the first 11 months of 2008, up 12.98 percent correspondingly from 2007 which was 827 million dollars.

    There was increase in trade volume at the Muse point from 482 million dollars in 2005-06 to 977 million dollars in 2007-08.

    China-Myanmar bilateral trade rose 40 percent from 1.46 billion dollars in 2006 to 2.057 billion dollars in 2007. The bilateral trade in the first 11 months of 2008 stood at 2.038 billion dollars, up 30.3 percent correspondingly.

Editor: Yao
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