Trade decreases in Myawadi
Chan Mon, IMNA
Cooking oil and Thai goods’
trade have decreased in
“All of unpaid duty custom
oil was not allowed to import up to
“If you paid for duty, you
can. But the authorities have limited it. If you paid custom duty, you will
obtain very, very small amount profit. For the small investor no benefit,” Nai
Shwe, a Mon trader said.
For years until the last
weeks ago, Myawadi town has set up black market and
black trades for trading of oil and Thai goods. Traders involved in trading
with understanding of with the SPDC local authorities and importing Thai goods
from Myawadi to Hpa-an
(Capital of Karen State) with paying custom duties. And them they continuously
imported to
“Now a businessman who
invested 10 million Kyat a time in trading, get profit 30, 000 Kyat. With a
mini car, they could get profit just 3, 000 Kyat each time,” Nai Shwe, a Mon
trader said.
“Myaing-kyi-nguu
Trading, the biggest oil trading concession belonged to Democratic Karen
Buddhist Army (DKBA) has decreased in carrying the oil by their trucks. In the
past, the DKBA imported oil and Thai goods with 15 trucks each time to inside
Small traders with less
invested money have stopped in trading and just some great traders remained in
the border trading, according to the traders.
Accordingly to the traders,
they can import Thai goods only to Hpa-an, and it is
risk to import to
Oil trading is the main
business in Myawadi, which situates in the opposite
of a
Currently a 16 Litre can of oil price in Myawadi
is between 16, 000 (~ 16
Restriction of trades and
border closure have also limited border trade in the border area of eastern
Burma, the civilians in the country face shortage of goods and the price of
goods also gradually increased.
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