📋 Tender Overview
The Union Minister of the Ministry of Economy and Commerce, U Tun Aung, met with exporters this evening at the Yangon Region Divisional Commander's Office regarding issues related to increasing exports.
We need to take action to promote the export sector
First of all, the Union Minister said that instead of 35% of the export revenue received from exports, only 25% of the export earnings received from exports should be exchanged for Myanmar kyats according to the instructions of the Central Bank of Myanmar. The state has released on August 8th the amendments to the terms and conditions. rice beans, corn water products Exports such as rubber and manufactured goods have been set to be exported by month and need to be exported beyond the specified target. CMP Garment Industries; fish He said that he wants to make efforts to export more shrimp and other aquatic products. He said that it is necessary to encourage local MSME industries and promote the export sector.
Chairman of the State Planning and Administration Council, the Prime Minister said in the Union Government Group Meeting No. (6/2024) held on July 29, "In 2024, April May In the three months of June, domestic Foreign trade was carried out by the sea, and trade was carried out from the border area, and according to the numbers, there was a positive sign. However, we are aware of the existence of illegal trade from the border areas every day. The country's economy is being affected by illegal trade. There is still a need to focus on trade. "We need to be correct in dealing with border trade," the guide said. In accordance with the directives, I would like to further urge you to pay attention to trade correctly and quickly and try to improve the country's economy in doing so.
Coordinating
After that, U Aye Win, Chairman of the Federation of Merchants and Industrialists of the Republic of Myanmar (UMFCCI), who attended the ceremony, and the chairpersons of sister associations, According to the exporters, the conditions of the business operations and the plans to be carried out according to the relevant business sectors were explained, and the Union Minister coordinated the necessary things.
