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Magadh Today - Beyond Headlines > Latest News > Global > Myanmar Exports To China Increasingly Difficult Due To Conflict
Global

Myanmar Exports To China Increasingly Difficult Due To Conflict

Gulshan Kumar
Last updated: 2023/11/25 at 11:14 AM
By Gulshan Kumar 2 years ago
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YANGON – The conflict in northern Shan State is causing disruptions for Myanmar’s traders. With border crossings to China closed, Mandalay-based traders are compelled to use the Mongla gateway controlled by the National Democratic Alliance Army (NDAA). Despite concerns about the route’s hazards and increased taxes, traders have little choice due to the closure of other border gates. The NDAA has responded by halving taxes on exports passing through their control. The conflict’s impact on trade adds to the challenges Myanmar has faced since the 2021 military coup, significantly affecting border trade worth billions of dollars.

– Traders face a perilous and lengthy journey from Mandalay to Mongla.

– Exporters encounter higher taxes, costing 12,000 yuan for a 12-wheeled truck of watermelons.

– NDAA announces a 50% tax reduction on exports passing through their gate.

– Border trade disruptions since the 2021 coup have already strained Myanmar’s economy.

This development underscores the complex economic repercussions of the conflict in northern Shan State on Myanmar’s trade routes and highlights the struggles faced by traders in adapting to the evolving situation.

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