The (1/2024) business coordination meeting of the Central Committee for Fair and Speedy Trade and Commodity Flows was held on February 7 at the meeting hall of Office No. (18) in Nay Pyi Taw.

Arrangements have been made for the free import of motor oil, and new companies that want to import motor oil will be properly screened, Chairman of the Central Committee for Fair and Speedy Trade and Commodity Flows. Member of the State Planning and Administration Council Deputy Prime Minister and Union Minister General Mya Tun Oo said.


In his speech at the (1/2024) business coordination meeting of the Central Committee for Fair and Speedy Trade and Goods Flows held at Office No. (18) meeting hall in Nay Pyi Taw on February 7, Chairman of the Central Committee for Fair and Speedy Trade and Goods Flows, Deputy Prime Minister and Union Minister of Transport and Communications, General Gyi Mya Tun Oo, member of the State Management Council, added the above.


As the central committee for the correct and speedy flow of trade and goods, the trade of the state and the people. Transportation agriculture breeding social Health He said that the fuel sector, which is essential for conducting general economic and service activities, was carried out as a priority import. We are constantly working to ensure that people can buy used motor oil at a lower price. private industrial sector; agriculture sector, service activities; hospital clinic schools and hotel businesses; The Union Minister said that arrangements are being made to freely import motor oil needed for government tenders and other businesses, and that new companies that want to import motor oil will be properly vetted.


Vigilance is being carried out to ensure that the public can use fuel adequately and that no illegal fuel is sold. In December 2023, 65 (65) were seized as illegal fuel seized in the regions/states. 298.057 tons of fuel oil Estimated value of Kyat 738.392 million and seizure in January 2024 (14); 74.225 tons of fuel The Union Minister said that the estimated value is 176.429 million Kyats.

When people travel, they can easily find the stores within 30 miles of their location to easily buy fuel at the nearest fuel store, and the departments that will conduct monitoring will also monitor the remaining conditions of fuel by type of fuel in the fuel stores. We are developing a software application that will be able to view and check the selling prices. The union minister also said that since February, the pilot project has been implemented in (107) petrol shops in the Nay Pyi Taw council area.


fuel issues, Difficulties in importing raw materials; equipment for the regular operation of factories; Coordinated with relevant departments and traders to import spare parts. The Union Minister also said that due to the efforts made by the remaining companies to re-enter the export earnings after exporting abroad, the export earnings were more than in the same period.


In order for the exporters to be able to work more efficiently and gain profits, and to increase the export of foreign goods, the amount of export earnings received from exports has been gradually reduced to (35:65) instead of (50:50) percent. The Union Minister said that in order to increase foreign exports and to increase rubber export activities, during the seasonal period (December 1, 2023 to March 31, 2024), the import of fertilizers and pesticides was allowed with the export revenue obtained from rubber exports.


In addition, agricultural products such as rice, broken rice In order to increase exports of pulses and corn, rice, broken rice He allowed the importation of vegetable oil and cooking oil with the export revenue obtained from the export of pulses and corn. In carrying out domestic/foreign trade activities, the interests of the public must be taken into consideration, and trade activities should not be delayed. Trade and goods flows correctly and quickly; Easy, fast and smooth, The Union Minister also said that since the focus will be on increasing the export sector, he wants the Central Committee members and officials to work together.


The chairman of the central committee for the correct and speedy flow of trade and goods to the meeting. Members of the State Planning and Administration Council along with committee members who were specially invited attended.