• Tuesday, March 19, 2024

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Myanmar to export around 20 tonnes of gold in 2019: Industry officials

Myanmar is to export around 20 tonnes of gold for the first time in the last fifty years

By: Radhakrishna N S

The Southeast Asian country, Myanmar is likely to export as much as 20 tonnes of gold in 2019 after it allowed to export the yellow metal earlier this year for the first time in the last 50 years, a gold industry official from Myanmar said here at Kochi, a coastal city in Southern India on the sidelines of the 15th India International Gold Convention on Saturday (4). Earlier, restrictions on gold exports from Myanmar reportedly resulted in smuggling of the precious metal to India, China, Thailand, and other neighbouring countries. As of now, in the absence of export restrictions, the country…

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