MoC issues 669 import licences in second week of April

Ministry of Commerce’s statistics showed that 669 import licences have been issued at the Muse 105th mile trade zone in the second week of April.
Import/export and related business licences can be done through Myanmar Tradenet 2.0 and the three import licences for a value of 0.866 million yuan for construction goods were granted on 16 April.
Myanmar primarily exports dried chilli pepper, crab, muskmelon, watermelon, fresh chilli pepper, green gram, shrimp, plum, onion and mango to China via the Muse 105th mile trade post, while tangerine, excavator, fire extinguisher, battery, motorcycle, bicycle, cotton fabric roll, electric dryer and pears were allowed to be imported.
Between 1 and 16 April, 669 import licences were issued. China grants Form E (China-ASEAN Free Trade Certificate of Origin) tax relief for some of Myanmar’s import items.
On 27 November, 13 Form E certificates were granted for crab, eel, tragacanth, broken rice, and zinc ingot. A total of 319 Form E certificates were issued from 1 to 16 April 2023.
In the first two weeks of April, 2,135 trucks loaded with export goods and 2,000 trucks loaded carrying import goods were witnessed at Muse border post.
Transactions for cross- border trade are done in Yuan and dollars. Bean, corn, sesame and peanuts are allowed to make payments in Yuan as well as dollars. For transactions of rice, broken rice, agricultural products and fisheries products (eel, crab) are available in Yuan payment. — TWA/EM