Seafood industry expected to expand after EU checks standards

There are only 19 fishery exporters in Myanmar but the number is likely to swell after the EU does standardisation checks next year, Myo Nyunt, secretary of Myanmar Fishery Products Processors and Exporters Association, he said. “We’ve heard the EU adjudicators will come and check our industries next year. But the official announcement isn’t issued […]

The export market potential for Myanmar’s seafood bounty

A leading player in Myanmar’s seafood sector tells Mizzima Business Weekly he’s optimistic about the industry’s export potential if constraints can be overcome. Few countries can boast crab so plentiful that it is sold as a cheap street food snack. But despite Myanmar’s abundance of seafood, in terms of availability and comparable affordability, the sector […]

Priority items chosen for National Export Strategy

In developing the country’s trade sector through an export-led growth model, six products and one service have been chosen as priorities for Myanmar’s National Export Strategy, according to the national consultant responsible for the strategy. “The priority export items have been chosen based on two criteria. One is its potential given the current trading situation, […]

Trade volumes likely to fall short of $25b goal

But bilateral trade is growing across the board as new trade partners around the globe are taking more interest in doing business with Myanmar Myanmar has only managed to meet 63 percent of its annual bilateral trade target of US$25 billion through the first months of the 2013-14 fiscal year, drawing doubts for the first […]