Myanmar, China to sign trade agreement

Myanmar and China will sign a trade agreement in September that will allow Myanmar’s key export items to China, including rice and corn, to enter resume entering the country legally, Dr Aye Maung, an adviser to the Ministry of Commerce, said on August 12 following a meeting between representatives of the two countries.

“The agreement will cover rice, corn and beans,” Aye Maung said. Official exports will only be allowed after the agreement is signed, most likely in September, he added. Exports of rice to China stalled after Beijing began seizing imports of rice last August when they crossed into the country, primarily through the border town of Muse in Shan State, according to Myanmar Rice Federation office in the town.

The problem arose because China had not given official permission for the imports, though Myanmar had authorised them, Aye Maung said.

Inspectors from China have been invited to Myanmar next month to forge a quality-control agreement between the two countries, he said. The inspectors will be from China’s administration of quality supervision, inspection and quarantine agency, which monitors imports. Myanmar is forming a committee to expedite the process of reaching an agreement with the agency, Aye Maung said. The committee will comprise officials from the Ministry of Agriculture and Irrigation and the Ministry of Commerce, Aye Maung said.


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