currency is Kyat. Burma has a dual exchange rate system similar to Cuba. The market rate was around two hundred times below the government-set rate in 2006. Inflation averaged 30.1% between 2005 and 2007. Inflation is a serious problem for the economy. In recent years, both China and India have attempted to strengthen ties with the government for economic benefit. Many nations, including the United States and Canada, and the European Union, have imposed investment and trade sanctions on Burma. The United States has banned all imports from Burma. Foreign investment comes primarily from China, Singapore, The Philippines, South Korea, India, and Thailand.
The annual import of medicine and medical equipment to Burma during the 2000s was 160 million USD.
In 2010–2011, Bangladesh exported products worth $9.65 million to Myanmar against its import of $179 million
