November 28, 2016

Breaking News

Myanmar-Thailand transportation agreement could be signed next year

Myanmar and Thailand are in discussions about a cross-border transport facilitation agreement and will enter into a memorandum of understanding (MoU) by July, 2017, according to the Ministry of Transport and Communications.
Greater Mekong Sub-region Road Transport Permit is slated to initially launch on 1st July, 2017 to facilitate the cross-border road transport between Myanmar and Thailand.
Myanmar and the six countries in the Mekong region entered into the Cross-border Road Transport Facilitation Agreement in 2015. The full generation of GMS Road Transport Permit will be started on 1st January, 2019. When fully implemented, the Cross-Border Transport Agreement will improve the efficiency of transport services by facilitating cross-border transport; complement economic corridors, physical infrastructure and investment; and create a more favourable environment for cross-border trade, investment, and tourism, it is learnt.
This implementation has not been an easy process, moving from concept to forging and concluding the agreement, to implementation. Harmonising the varying interests and circumstances of six countries has not been easy, but the GMS countries have persevered great effort and demonstrated strong political will. The GMS countries have displayed the admirable qualities of patience and determination.—Ko Htet

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