Myanmar pulses unaffected by India’s import restriction: industry

India’s Department of Commerce, under the Ministry of Commerce and Industry, has released a trade policy statement, on August 30, stating that as per the foreign trade policy, import of peas classified under Exim Code including yellow peas, green peas, dun peas and Kaspa peas is “restricted” until the end of September. However, this will […]

Beans and Pulses Traders Hopeful to Tap China Market

​​ Beans and pulses produced in Myanmar have long relied on the Indian market, but the industry has started broadening their horizons to another giant market – China, said U Aung Soe, director general from Myanmar’s Trade Promotion Organisation under the Ministry of Commerce. A delegation, which consists of officials from the ministry and nine companies […]

Investments, Solutions Needed on Back of Black Bean Price Collapse

Despite efforts to support the local bean industry after India imposed harsh restrictions on imports from Myanmar, businesses along the entire black bean supply chain have taken a hit and more investments are needed to support ailing farmers. While demand for mung beans and pigeon peas from China, Nepal and Pakistan has been able to […]

Myanmar Awaits Indian Response on Bean Deal

​​ The fate of a nearly million-tonne bean deal remains uncertain as the Myanmar government awaits a response from India to its proposal to sell the beans at the current market price. The Indian government said it wanted to pay a much lower price. The deal concerns the India government’s offer to buy 900,000 tonnes […]

Bean Exporters Keen to Gain From US Tariff Cuts, But Can’t Sell There Just Yet

​​ Myanmar’s bean exporters are looking to find their way into Western markets, where they can benefit from special tariffs following the normalization of trade with the US and EU. A trade association representing growers of beans says finding export routes to the new markets would reduce reliance on India, which is currently the biggest […]

About 100,000 tonnes of pulses to be sold to India under G to G agreement

About 100,000 tonnes of pulses will be sold to India per year under a government-to-government (G to G) agreement, according to the Commerce Ministry. Preparations to sign a bilateral Memorandum of Understanding (MoU) about the export of pulses are being made. The Myanmar Pulses, Beans and Sesame Seed Merchants’ Association will cooperate with the Commerce […]

Beans and Pulse Association Weighs on Trader Dispute

Based on request from a local company, Myanmar Pulses, Beans and Sesame Seeds Merchants Association will solve the financial issue between merchants and the company. The pulse trading firm, Thein Than Company, asked help from the association a month ago to judge the financial issue. “We are checking the financial statement of both sides and […]

Indian Companies Mulling Purchase of Myanmar’s Peas

Indian companies which have won the tender are considering purchase of Myanmar’s peas, resulting in a decrease in the price, said U Min Ko Oo, the secretary of Myanmar Pulses, Beans and Sesame Seeds Merchant Association. India’s government has been intervening in controlling the pea price since August. Additionally, pea tenders are divided into 5,000 […]