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Indo-Myanmar border markets get green light

Date: 28/07/2013
Source: Mizzima
Indo-Myanmar border markets get green light

Myanmar’s Ministry of Commerce will move ahead with plans to open a series of markets at the Indo-Myanmar border area, said Tayza Aung Win, a director at the Sub-department of Internal Trade.

The border markets will be opened in 10 villages in three townships of Chin State—Tiddim, Chikha, Tonzang— and three townships of Sagaing Region—Lay Shi, Lahe and Tamu.

The news follows an announcement by the Ministry in April that a border market would be opened in Sagaing’s Pan Saung, which is scheduled to launch first. Pan Saung is situated in the mountainous Naga Autonomous Region in the northern Sagaing Region.

Local residents living in the Indo-Myanmar border areas are relatively poor and the region has poor roads and communications, so the border markets will be opened to help promote their livelihoods, said Tayza Aung.

He added that if the border markets are successful, they will be promoted as border trade centers.

Topic: Investments
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