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Myanmar, South Korean bilateral tra
- Subject: Myanmar, South Korean bilateral tra
- From: darnott@xxxxxxxxxxx
- Date: Fri, 05 Nov 1999 04:15:00
Subject: Myanmar, South Korean bilateral trade up sharply
Myanmar, South Korean bilateral trade up sharply
Xinhua, Yangon, 5 November 1999. Bilateral trade
between Myanmar and South Korea amounted to
103.29 million U.S.dollars in the first half of this year,
up 27.15 percent compared with the same period of last
year.
Of the total, Myanmar's imports from South Korea
stood at 97.39 million dollars, increasing by 24.98 percent
over the corresponding period of last year, according to
the latest data released by the country's Central Statistical
Organization.
During the half-year period, Myanmar's exports to South
Korea was 5.9 million dollars, rising by 78.24 percent
compared with the same period of last year.
The statistics also show that in 1998, the two countries'
bilateral trade reached 170.68 million dollars, of which Myanmar's
imports from South Korea stood at 151.23 million dollars, while
its exports to South Korea were 19.45 million dollars.
In the past five years, South Korea invested 38.935 million
dollars in Myanmar in 12 projects.
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