The value of rice Kunming will import from Myanmar this year is expected to reach US$500 million this year through a barter arrangement, deputy commerce minister U Aung Htoo claimed.
A memorandum of understanding was signed between the two countries for bartering goods recently. “According to report sent from Kunming roughly that they would buy rice worth about US$500 million this year from us under this agreement,” the official said on June 10.
Ref:
https://www.mmtimes.com/news/china-import-us500m-myanmar-rice-year-minister.html