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Myanmar fuel imports plunge as protests disrupt trade

Suppliers want payment in full from importers; fuel prices up nearly 40%

Published Wed, Mar 10, 2021 · 09:50 PM

    Yangon

    MYANMAR'S fuel importers have switched to other forms of payment, such as telegraphic transfers, after protests against a military coup disrupted trade, driving February imports to their lowest in more than three years, industry sources said.

    A civil-disobedience movement has crippled government business, unleashing strikes at banks, factories and shops since the army ousted Aung San Suu Kyi's elected government in a coup on Feb. 1.

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