India-Myanmar trade disruptions cause price hike; Families unable to send kids to school due to rising costs

India-Myanmar trade disruptions cause price hike

Residents of Arakan State told DVB that hundreds of cargo trucks belonging to merchants from Burma in India’s Lawngtlai District in Mizoram State have been unable to depart since May 25. A merchant told DVB on the condition of anonymity that commodity prices have increased since landslides shut down the India-Burma border trade route into Paletwa Township of Chinland. 

In neighbouring Arakan State, residents told DVB that the price of a liter of gasoline has risen from 8,500 to 12,000 MMK ($1.9-2.6 USD), and the price of a liter of edible oil went from 9,000 to 13,000 MMK ($2-2.8 USD) as a result of reduced supplies. The regime has blocked all trade routes into Arakan from the rest of Burma