NEWS - Myanmar-China Trade up durin

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Subject: NEWS - Myanmar-China Trade up during 1998-1999

Myanmar-China Trade up during 1998-1999

               Xinhua
               03-AUG-99

               YANGON (Aug. 3) XINHUA - Myanmar-China bilateral trade
               in the 1998-1999 fiscal year increased 25.14 percent from
               the previous year, to reach 418 million U.S. dollars,
official
               figures showed Tuesday. 

               Myanmar's imports of Chinese commodities were valued at
               287 million dollars, while its exports to China were
worth 131
               million dollars in the fiscal year ending on March 31,
               according to figures released by the Myanmar statistics
               authority. 

               The bilateral trade volume accounted for 10.46 percent of
               Myanmar's total foreign trade in the said year, ranking
third
               after those with Singapore and Thailand. 

               Myanmar imports from China mainly machinery and spare
               parts and consumer goods, while exports timber and marine
               products to China. 

               With six trading points already opened along its border
with
               China, border trade plays an important role in the
bilateral
               trade.