Myanmar-India border trade hits $87 million in almost 6 monthsStaff Writer | September 30, 2018
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.
Asia Myanmar has changed its fiscal year period
The country's total border trade with India during this period saw 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.
From April to September this year, the country's export to India through border gates totaled 78 million U.S. dollars while its import shared 9 million U.S. dollars.
Myanmar has been conducting trade with India via Tamu and Reed border gates. ■