Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

NEWS UPDATES 
 22 Mar 2008

BRUNEI-MYANMAR TIES/TRADE
MoU allows Brunei access to Myanmar gems

Major business organisations of Myanmar and Brunei have reached a memorandum of understanding (MoU) on promoting trade ties between the two countries, especially in trading of Myanmar's gems, jade and jewelry, a leading local weekly, the Myanmar Times, reported Friday.

The trade deal between the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and its Brunei counterpart will allow Brunei entrepreneurs to have access to Myanmar's gems shows held seasonally.

According to official statistics, Myanmar-Brunei bilateral trade accounted for about $800,000 out of Myanmar's total trade with Asean members which stood at $4.06 billion in 2006-07.

Last July, Brunei exempted tariff on over 204 items of products imported from Myanmar under the Asean Integration System of Preference program in a bid to boost the country's textile production, local media reported earlier. Brunei is the seventh largest trading partner of Myanmar among Asean nations.





 

 

 

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited

 
or
submit your comment in the box below 

Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com