Min­istry to free an­other 150 im­ports from li­cence re­quire­ments

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

THE gov­ern­ment will re­move an­other 150 items from a list of im­ports that re­quire a li­cence, a Min­istry of Com­merce of­fi­cial told The Myan­mar Times.

Nickel pip­ing, ar­ti­fi­cial rub­ber, fire ex­tin­guish­ers, and parts and ma­te­ri­als used in trains and au­to­mo­biles will be among the items freed from im­port li­cence re­quire­ments, U Khin Maung Latt, an as­sis­tant sec­re­tary at the min­istry, said.

“We’ve had all the rel­e­vant dis­cus­sions with re­spec­tive de­part­ments and in­dus­try as­so­ci­a­tions,” he said, adding that the up­dated list of goods re­quir­ing im­port li­cences would be pub­lished soon.

The move is the lat­est step in trade lib­er­al­i­sa­tion ef­forts that be­gan un­der the pre­vi­ous gov­ern­ment. In Au­gust 2015, that ad­min­is­tra­tion pub­lished a list of 4405 items for which an im­port li­cence was nec­es­sary – au­to­mat­i­cally re­leas­ing any item that was not on the list from the re­quire­ment.

The new gov­ern­ment has re­moved 267 items from the li­cence list al­ready this year, in­clud­ing cot­ton; prod­ucts made of iron, steel and stain­less steel; and some kinds of elec­tri­cal ap­pli­ance.

The pro­posed re­moval of an­other 150 will still leave over 4000 items that re­quire an im­port li­cence, al­though the min­istry has said it plans fur­ther re­duc­tions.

– Trans­la­tion by Khine Thazin Han

Photo: Aung Htay Hlaing

Cer­tain train parts will soon be among those items that will no longer re­quire a li­cense for im­port.

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