Unrest affects trade
As the political situation hangs in uncertainty, so does the flow of goods. The Ministry of Commerce released data on external trade from start of current fiscal year (October 1st, 2020) until January 22nd, 2021 and both import and exports have plummTrade at main land border with China disrupted
Trade in Muse, location of the main border trade with China (and of Myanmar), remained unaltered during the first days of the coup on February 1st before coming to almost a stand still later in the week. In an interview with Eleven Media, Min Naing SCattle trade almost to a halt due to COVID resurgence
Cattle trade has ground to a halt amid the coronavirus resurgences and over 10,000 cattle are stranded in Muse border. “Before the COVID-19, cattle was in high demand. The resurgence of COVID-19 in Myanmar prompted China to tighten its border areas
China fast-tracks border trade for crops
China has established an official “green lane” through the border crossing at Muse to fast track shipments of fruit, onions and fish. Up to 100 trucks per day may use the green lane, which is meant to increase trade volume amid the pandem
City opposite Muse re-opens
The government of Yunnan, China, announced that the border city of Ruili, opposite Muse, will soon re-open after weeks of strict lockdown. After tens of thousands of tests, no one else has tested positive for the disease, and restrictions will soon b
