Border trade between Myanmar and India reaches USD 87 million

Border trade between Myanmar and India has reached 87 million U.S. dollars as of Sept. 21 during the six-month transitional period which started in April this year, according to Myanmar’s Commerce Ministry on Sunday, Xinhua reported.

Myanmar has changed its fiscal year period from original April-March to Oct-Sept beginning 2018-2019, producing a six-month transitional gap.

The country’s total border trade with India during this period saw a sharp increase by 54 million U.S. dollars compared to the same period of the last fiscal year 2017-2018 when it showed 33 million U.S. dollars.

SOURCE: MIZZIMA

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