Myawaddy Trading

The Myawaddy Trade

Research & ; Investment Information de la société Myawaddy Trading Limited. Who we are | MYAWADDY Trading Ltd. Founded in 1994 under the Myanmar Companies Act 1914, as a trading firm to speed up and ease the fast-growing trading busines. It has successively extended its activities and widened its strategic client basis as a complete group.

At Myawaddy Trading Limited we offer our clients a complete range of goods such as farm goods, steels, tobacco and brewing goods, wooden goods (rubber-wood), motor vehicle and general goods and service through our parent company's subsidiary companies, partners and subsidiary companies.

Agricultural and seafood produce is sold both through overseas and frontier trading. It is a successful exporter of domestic tobaccos and brewing produce. It is an importer of manufactured goods, building material, machinery and chemical substances. Achieving the corporate objectives by means of the most efficiently and effectively possible implementation of the trading transaction.

Gunmen behind the Myawaddy Trafficking

In the Myawaddy region, a shortage of governance has led to several ethnically motivated groups illegally trafficking across the Thai frontier, said officers. Myawaddy, in the state of Kayin, is Myanmar's second biggest legitimate trade area, after Muse-Shwe Liarea along the Chinese frontier. The Myawaddy area has now normalised, although it was shut down between 2010 and 2011 due to unstable conditions following a two person deathbomb.

However, ongoing conflicts with the region's indigenous groups have, according to reports, resulted in much of cross-border trade being conducted through 17 illicit crossing points along the Moei River to Mae Sot, Thailand. This activity is supported by some of the 33 ethnically based gun groups in the region, including the Karen National Union (KNU) and its armoured wing, the Karen National Liberation Army (KNLA), said officers.

Myawaddy Trade Area' s Department of Commerce Department Executive who asked to stay anonymity because he is not entitled to talk to the media, said these groups were identified as "armed groups for companies" as they crossed the borders with tons of rubbers, commodities, inferior foods and consumables.

Myawaddy's economical outcome was anarchical, with a strong emphasis on areas where racial conflict can arise at any moment, such as Buthidaung and Maungdaw citieships in north Rakhine State. This is not just a matter of contraband overland, as petrol lines run across the rivers without permission, said a Ministry of Commerce executive, who works in the Myawaddy Trade Zone.

During the first three quarters of the 2013-2014 financial year, Thailand's bi-lateral trading amounted to almost 480 million US dollar, while according to the Thai authorities the country's export volume amounted to about 160 million US dollar. However, civil servants claim that the real number is several hundred million US dollar higher if one considers the illicit trafficking. "This shows that there is a great deal of illicit trade," said an officer from the Committee on Prevention of Trafficking.

According to a Myanmar Times article last weekend on trafficking at the Myanmar borders, senior army commanders from several federal troops began to investigate clandestine passageways along the Moei River and ordered the closure of unlawful supplies on 22 January, according to investigative militaries. "He said the authorities have ordered civil servants and other groups of gunmen to watch the checkpoints to stop merchants from using these doors and only to let them pass over the Thai-Myanmar passage.

From November 2011 to 2012, the Ministry's field unit discovered 850 cases of contraband of commodities and commodities valued at K1.3 billion on the Myawaddy-Yangon Hwy. A Myawaddy inhabitant said that the illicit trade takes place every single trading every single tradingday on the off-the books trails around the Moei River. However, the trade minister said the administration would not be investigating crimes without the help of the war.

Said that even if the trafficking takes place through the lawful means, arms groups are usually instructed by merchants to "intervene and persuade" frontier officers to pay lower tax even though the officer denies them this through payoff. Shwe Lin, who is an independent intermediary between dealers and gunmen, said such agreements facilitate trading in circumstances where the authorities do not allow certain types of product, such as certain used machines.

The Ministry of Commerce says Myanmar's trading with Thailand is by ocean and through three frontier points, with the Myawaddy area accounting for about 80% of the entire frontier area.

Mehr zum Thema