Cross-border
trade normal despite tension in Burma
The Tourism and Sports Ministry yesterday issued
a travel warning for those planning to go to
Burma.
Foreign Trade Department director-general Apiradi
Tantraporn said that political turmoil in Burma
was occurring in limited areas of the major
cities and should not affect bilateral trade
with Thailand.
"The department is closely monitoring cross-border
trade, particularly in Mae Sod district, Chiang
Rai, which is next to Burma. The trading situation
remains the same as before the rise of political
tension in the country," she said.
The
department reported that two-way trade between
Thailand and Burma had risen 5.8 per cent to
Bt61.9 billion in the first seven months of
the year. Exports from the Kingdom increased
5.49 per cent to Bt14.49 billion, while imports
from Burma grew 5.9 per cent to Bt47.4 billion.
Apiradi
said the export of major goods had continued
to rise as Burma has high demand for consumer
goods from Thailand, whereas the major imports
from Burma are natural gas and forestry products.
In
a statement, the Export Import Bank of Thailand
said it had closely monitored the situation
to see if it would lead to a change in economic
policies.
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