Myanmar wants to increase border trade with Thailand

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BANGKOK, 24 September 2013 Myanmar is determined to strengthen economic partnership withThailand, as it targets increasing trade in the border areas. 

After attending a welcome dinner party hosted by the Ministry of Foreign Affairs, Speaker of Myanmar`s Parliament U Shwe Mann proceeded to the Government House to meet with Prime Minister and Defense Minister Yingluck Shinawatra.

During their meet, the speaker expressed to Miss Yingluck his desire to revise border trade regulations of both countries in order to facilitate traders in terms of business deals and product delivery. He said the move is in accordance with Thailand’s intention to increase border trade value with Laos, Cambodia, Malaysia, and his country, Myanmar. If things do as planned, Thailand would be able to increase trade value along the Thai-Myanmar border areas by 20 percent, or around 1 trillion baht per year.

The Burmese Parliament Speaker also expressed his gratitude to the Thai Premier over the migrant worker issue, thanking Thailand for extending registration period for migrants for one more year, adding that all Burmese workers in Thailand are happy with the 300-baht minimum wage policy.

Before ending the discussion, the speaker praised Thailand for its stability, prosperity, and most importantly democracy.