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Burma, China Sign $290 Million Trade Deal


Burma and China signed $290 million worth of trade deals last week to boost bilateral trade. Traders from two countries signed the trade contracts and memoranda July 4 in a ceremony in Kunming, capital of China's southwestern Yunnan Province.

Commerce and Fisheries Ministers from Burma witnessed the ceremony. The two countires agreed to raise the current bilateral trade volume of about $1.5 billion to $1.50 billion by the end of this year.

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