MYANMAR – The junta council’s Minister of Commerce and team arrived in Tachileik on July 14 to try and implement a new trade route between Thailand, China and Myanmar.
The trading community shared that as nearly all trade routes with China at northern Shan State are now controlled by revolutionary forces, the junta council’s trade has suffered and thus they are trying to implement a new trade route.
Currently, the junta council is trading with China via Special Area 4 Mongla but as they need to pay taxes to the Special Area 4 administrative team, they are trying to trade via the border with China in Mongyan Township.
“Since last month, they surveyed the Thai-China-Myanmar traders on new trade routes, to connect Mongyan to Keng Tung and to Taunggyi. The main point is to trade with China,” said a trader.
Recently, junta union ministers have been visiting Tachileik frequently and even Thet Thet Khine, the minister for social warfare made a recent trip to the town.
ISP Myanmar reported that the junta council is losing nearly 3 billion USD a month due to the revolutionary forces controlling nearly 90% of the trade routes.
