Min­istry re­laxes im­port rules for over 250 items

The Myanmar Times - - Business - CHAN MYA HTWE chan­myahtwe@mm­times.com

THE Min­istry of Com­merce has pub­lished a list of 267 items that can be im­ported from Septem­ber with­out a li­cence, in the new gov­ern­ment’s first step to­ward lib­er­al­is­ing per­mit re­quire­ments.

The move builds on lib­er­al­i­sa­tion by the last gov­ern­ment, which had hoped to en­cour­age trade by al­low­ing some prod­ucts to be sold into the coun­try with­out a per­mit.

Last Au­gust the com­merce min­istry is­sued a list of 4405 prod­ucts that still re­quired li­cences. The 267 items named by the min­istry this month were taken from that list, said as­sis­tant sec­re­tary U Khin Maung Lwin.

Goods that can be im­ported with­out a li­cence now in­clude cot­ton; prod­ucts made of iron, steel and stain­less steel; cop­per, brass, alu­minum and their prod­ucts; elec­tri­cal ap­pli­ances; ve­hi­cle parts; and trains, he said.

The list will be re­viewed and changed from time to time, and the min­istry has al­ready pro­posed re­mov­ing more than 500 goods from the list. An­other round of lib­er­al­i­sa­tion is likely to hap­pen later this year, he said. For now, traders will still need to ap­ply for a li­cence for the 267 items, as the new rules will not come into ef­fect un­til Septem­ber 1.

Al­co­hol, beer and cig­a­rettes will con­tinue to be listed as re­stricted goods for the time be­ing, he said.

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