The Ministry of Commerce and Trade previously issued a document saying that under the Important Goods and Services Law, bamboo and cotton should be listed as important crops.
In addition, the information released also shows that merchants must not maliciously raise the price of bamboo and cotton, nor can they speculate for the purpose of distributing or storing bamboo and cotton. If anyone is found to be non-compliant, a case will be filed under the Important Goods and Services Act.
Bamboo, also known as bamboo. There are many varieties, including moso bamboo, hemp bamboo, arrow bamboo and so on. Perennial grasses bamboo subfamily plants, stems mostly woody, there are herbs, in the tropical, subtropical regions, East Asia, Southeast Asia and the Indian Ocean and Pacific islands are most concentrated, many species, some low like grass, some as tall as large trees, growing rapidly, is the fastest growing plant in the world, bamboo is very tough, because bamboo grows fast, from the perspective of environmental protection, many materials are made of bamboo. For example, a large number of furniture and paper have been made of bamboo. Bamboo can also be used to make crafts, musical instruments, etc.
Cotton, a seed fiber of the plants of the genus Gossypium in the family Malvaceae, is native to the subtropics. The plants are shrub-like and can grow up to 6 m tall in the tropics, generally 1 to 2 m. Cotton is one of the most important crops in the world, with large yields and low production costs, making cotton products relatively low in price. Cotton fibres can be made into a variety of fabrics, from light and transparent bari yarn to thick canvas and thick velvet, suitable for a wide range of clothing, furniture fabrics and industrial fabrics. Cotton fabrics are strong and wear-resistant, can be washed and ironed at high temperatures, cotton cloth is comfortable to wear due to moisture absorption and rapid dehumidification, etc., in addition, cotton can be made into fabrics of various specifications.
According to the law on important commodities published in 2012, if one of the provisions of the law is violated, the minimum sentence is 6 months imprisonment, the maximum sentence is 3 years imprisonment, in addition, the maximum fine is 500,000 Kyats. In addition, the court may order the destruction of the relevant products involved in the case, or the products shall be nationalized, or otherwise administered.
It is understood that some commodities, medicines and foods for the prevention and control and treatment of the new crown pneumonia virus have also been listed as important commodities. It is illegal to take advantage of the opportunity to sell at a higher price, or to store for the purpose of speculation. Once it is found that someone is speculating on these goods, they will be strictly held responsible.