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500 watermelon trucks stuck in border amid trade suspension

The flow of goods came to a halt in the Muse 105th zone on the morning of 1 February 2021. About 500 trucks of watermelons are stuck in border areas amidst trade suspension. The exporters expect the regular trade at the soonest, especially during high demand season by China, traders from Muse stressed.  According to Muse Fruit Wholesale Centre, as Chinese New Year is approaching, watermelons and muskmelons demand rising in recent days. In January-end, a watermelon fetched up to 7,000 Yuan per tonne, and the growers received a handsome profit.

The melon price hit a seven-year record high. Nevertheless, the price is fluctuating depending on the political climate and market demand at present. About 300 trucks of watermelon and muskmelons were earlier traded a day. This year, the growers raised the concerns over the melon market amid the COVID-19 crisis. Consequently, the number of melon growers sharply fell, and so, the acreage did. Only 50-60 trucks enter the Muse market every day during the pandemic. The market is expected to remain more robust as the demand exceeds the supply, Myanmar Watermelon and Muskmelon Producers and Exporters Association stated.

During the previous financial year, the growers and the traders suffered the loss due to the price instability and transportation difficulties triggered by the COVID-19. Myanmar’s watermelon market earlier relied only on China. Myanmar shipped 45 tonnes of seedless watermelon to Dubai market in the past two months, the association stated. After the country achieves success on the Dubai market, Myanmar plans to expand its market to Hong Kong SAR, the UAE and Qatar, the association stated. Myanmar yearly exports over 800,000 tonnes of watermelon and about 150,000 tonnes of muskmelons to China, the association stated.

Source: The Global New Light of Myanmar

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Trade deficit shrinks to $237 mln as of 22 January

Myanmar’s trade gap has significantly narrowed to US$237.385 million in the financial year 2020-2021 from just $698.157 million registered in the corresponding period of the 2019-2020FY, according to the commerce data.
Between 1 October and 22 January in the current FY, Myanmar’s external trade drastically plunged to $9.7 billion from $12 billion recorded in the year-ago period. While exports were estimated at $4.7 billion, imports were valued at $4.768 billion this FY. Compared to the FY2019-2020, exports showed a drop of over $1 billion, while imports fell by $1.47 billion. Myanmar witnessed a slump in exports triggered by the coronavirus pandemic. Moreover, the country cannot hold jade emporiums.

As a result of this, export income plummeted, according to Myanmar Trade Promotion Organization. Both sea trade and border trade dropped amid the coronavirus impacts. The neighbouring countries tightened border security and limited trading time to contain the virus’s spread. Pandemic-induced container shortage pushed up the freight rates to almost triple in Myanmar, causing delays for traders. Myanmar exports agricultural products, animal products, minerals, forest products, and finished industrial goods, while it imports capital goods, raw industrial materials, and consumer goods. The country’s export sector relies more on the agricultural and manufacturing sectors.

The country mainly imports essential goods, construction materials, capital goods, hygienic material and supporting products for export promotion and the import substitution. Myanmar’s trade deficit was pegged at $1.3 billion in the 2019-2020FY, $1.14 billion in the 2018-2019FY, $1.3 billion in the previous mini-budget period (April-September, 2018), $3.9 billion in the 2017-2018FY, $5.3 billion in the 2016-2017FY, and $5.4 billion in the 2015-2016FY, according to statistics released by the Central Statistical Organization. Under the National Planning Law for the Financial Year 2020-2021, Myanmar intends to reach an export target at US$16 billion and import at $18 billion. Moreover, a series of trade liberalization and openness for policy development have been introduced for enhancing a more viable trade environment. The private sector plays a prominent role in Myanmar’s market-oriented economic system. The ministry is highlighting free and fair trade, ensuring product safety and quality goods and services.

Source: The Global New Light of Myanmar

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Republic of the Union of Myanmar Office of the President Order Number (1/2021)

Republic of the Union of Myanmar
Office of the President
Order Number (1/2021)
1 February 2021

1. On 8 November 2020, the general election of the Republic of the Union of Myanmar was conducted under the authority of the Union Election Commission (hereinafter referred to as “UEC”). The “UEC” had not only failed to properly perform their duties but also neglected to ensure free, fair and transparent election.
2. The sovereignty of the power of a nation MUST be derived from the citizens, but the failure of the free and fair electoral process can cause the national sovereignty of the Republic of the Union of Myanmar and the power of people.
3. Refusal to address the caverns raised by several political parties, ethnic groups, and the Tatmadaw, and subsequently calling Pyi Thu Hluttaw (Lower House) and Amyotha Hluttaw (Upper House), as well as (Union Hluttaw) are violations of Article 417 of the Constitution of the Republic of the Union of Myanmar. According to Article 417 of the Constitution of the Republic of the Union of Myanmar, “the wrongful forcible means” of taking power shall cause of the loss of the sovereignty of Myanmar and the unity of the ethnic nationalities in Myanmar. There are many people, whom dissatisfied with the necessitous performances of the “UEC” have conducted peaceful protestation over the performance of the “UEC”.
4. As the Government and “UEC” both failed to address the causes, it is the Tatmadaw’s undeniable duty to exercise Article 417 of the “Supreme Law of the Myanmar” – the Constitution of the Republic of the Union of Myanmar to declare “State of Emergency” in accordance with the Constitution of the Republic of the Union.
5. In order to address the concerned of voters, Government of Myanmar decided to utilize Article 418 (a) of the Constitution of the Republic of the Union of Myanmar, which mandates the transferring of “Legislative, Judicial and Executive Powers” to the Commander-in-Chief of the Defence Services.
6. In conjunction with the Article 417 of the Constitution of the Republic of the Union of Myanmar, this emergency declaration shall remain in force for (one year), effective from today February 1, 2021.

Myint Swe
Pro Tem (President)
Republic of the Union of Myanmar

Source: The Global New Light of Myanmar

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Republic of the Union of Myanmar Office of the Commander-in-Chief of Defence Services Notification No. 1/2021

Republic of the Union of Myanmar
Office of the Commander-in-Chief of Defence Services
Notification No. 1/2021

5th Waning of Pyatho, 1382 ME
(1 February, 2021)

1. The Union Election Commission failed to address a large difference over the voting list used in the multiparty general election held on 8 November 2020. Although the request was made to call for the special session of the Second Pyidaungsu Hluttaw, it was failed to do so. The President refused the submission for two times to hold the National Defence and Security Council meeting.
2. The Union Election Commission will be re-constituted to continuously take appropriate measures, including checking the voting lists in accord with the law.
3. Prevention of the current outbreak of COVID-19 pandemic will be effectively carried out with momentum.
4. Efforts will be made to recover the businesses caused by COVID-19 pandemic as quickly as possible.
5. Emphasis will be placed as much as possible on restoring eternal peace all over the country in accord with the Nationwide Ceasefire Agreement (NCA).
6. When these tasks have been completed in accord with the provisions of the State of Emergency, a free and fair multiparty general election will be held, and then, the assigned duty of the State will be handed over to the winning party meeting norms and standards of democracy.

Office of the Commander-in-Chief of Defence Services

Source: The Global New Light of Myanmar