Holding JTC Meetings

Sat, 10/08/2011 - 07:45 -- Anonymous (not verified)

Holding JTC Meetings

Joint Trade Commission – JTC Meetings between the Republic of the Union of Myanmar and the Kingdom of Thailand have been alternately held in Myanmar side and in Thai side since 1999. The 5th Myanmar – Thai JTC Meeting was held in Kanchanaburi, Thailand from 12th to 15th March in 2010. At this meeting, the issues related with informal trade, banking arrangement, trade facilitation and trade promotion had been discussed.

Joint Trade Commission – JTC Meetings between the Republic of the Union of Myanmar and the Republic of India have been occasionally held in Myanmar side and in India side since 2003. The 3rd Myanmar – India JTC Meeting was held in Mandalay from 14th to 15th October, 2008. The issues to use euro – dollar for transaction among the bank from both sides and to promote the potential goods in trade were mainly discussed in that meeting as a border trade matters.

Joint Trade Commission – JTC Meetings between the Republic of the Union of Myanmar and the People’s Republic of Bangladesh have been alternately held in Myanmar side and in Bangladesh side since 2004. The 5th Myanmar – Bangladesh JTC Meeting was successfully held in Nay Pyi Taw, Myanmar from 21st to 22nd July in 2011, holding in a spirit of mutual understanding, friendship and cooperation. The matters related with the border trade such as to establish wholesale markets at the respective sides, to identify tradable commodities and to diversify exports were discussed during the meeting. Both sides also agreed to hold the Border Trade official meetings at Sittwe and Cox’s Bazaar in addition to Maungdaw and Teknaf.