Senior General Min Aung Hlaing, Chairman of the State Management Committee of Myanmar, said at the 6 2023 meeting of the State Management Committee that the lack of exports is not due to what the country lacks, but because it is not working.
The chairman of the State Administration Committee said that our country has sufficient land, water, natural resources and climate to work and live, but because there is no work pressure, production is weak.
After coming to power in 2011, the Democratic Elections did not continue to encourage and support the operation of state-owned enterprises that had been operating before, and contracted state-owned factories to private companies, or abolished state-owned factories, resulting in the weakening of the manufacturing industry, which was previously the main pillar of the country's economy.
In addition, it has been found that our country's GDP is lower than that of other ASEAN countries. GDP is to grow, and only jobs can grow. For the manufacturing industry, there is no store to sell without products, and only if there are goods can there be income, so the manufacturing industry must be encouraged.
When members of the State Management Committee arrive in their areas of responsibility, they need to encourage manufacturing.
According to the news from the Myanmar-Bangladesh border, in the ** border area of Rakhine State, which is carrying out ** work with Bangladesh, only export work is carried out, and almost all import-related matters have been stalled.
Between November 1 and 21, Myanmar did not import any goods to Bangladesh, exports were carried out, and received 28$60,000.
It is understood that during the above-mentioned period, Myanmar exported to Bangladesh goods such as binlang, sour horn kernel, dried fruit of Xixi, ginger, dried ginger, various fish, betel nut and Xixi jam.
A businessman who exports goods to Bangladesh said that with the border closed, the statistics would be more accurate and the income would be higher if the export was made through the regular route of Yanggang.
In November, the ** indicator of the ** border area of Bangladesh was that the export value reached 1.5 million US dollars, the import value reached 30,000 US dollars, and the cumulative value was 1.53 million US dollars. But so far only 18 of the target has been completed69%。
It is understood that Myanmar and Bangladesh border trade, Myanmar through Sittwe Rui Mingan Port and Mengdu Town Ningqiang Economic Zone through waterways, exports forestry and agricultural products, aquatic products to Bangladesh, and then imports plastics, aluminum pots and pans from Bangladesh.