A fifth trade zone on the Thai-Myanmar border is set to open later this year, according to state media. The zone at Mae Se in Kayah State is still under construction, but the project manager told Global New Light of Myanmar that work was nearly complete.
The newspaper said the crossing would increase bilateral trade and help to fight smuggling. Border trade between the two countries reached US$6.56 billion in the financial year to March 11, with Myanmar importing goods valued at $4.15 billion and exporting $2.4 billion. But the real figure is much higher, due to a thriving black market.
In June 2015, the Myanmar Times reported that a border crossing would be opened between Mae Se and Mae Hong Son in Thailand by the end of the year. (Courtesy of Frontier Myanmar)
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