Permitting Foreign Companies and JV Companies to export certain Local Products

The Ministry of Commerce issued Notification No.24/2019 (the “Notification”) on the 6th of June 2019, in exercise of the power conferred under Section 13 (b) of the Export and Import Law 2012.

MOC has allowed foreign companies and JV companies to export certain local products such as as (a) meat and fish; (b) value-added crops; (c) paper and pulp; (d) seeds; (e) refined ores; (f) semi-finished or finished fruit products; and (g) timber-based furniture products. The intention of the Ministry is essentially to promote the productivity and raise quality of Myanmar exports by exporting to overseas markets. In terms of the Notification, the companies are still required to get approval from the concerned Ministries and to comply with the terms and conditions prescribed by the concerned Ministries. We set out below in brief the relevant terms and conditions that are required to be complied with:

Product Comment
Meat and fish   Requirement: Recommendations of the Livestock Breeding and Veterinary Department and Department of Fisheries.
Value-added crop Requirement: Recommendations of the Food and Drug Administration Department. Export of rice/broken rice can be carried out subject to remittance of USD three (3) million into any local bank as initial paid-up capital. Arrangement of required warehouses. Membership of the Myanmar Rice Federation.
Paper and pulp Requirement: Subject to the conditions set out in the export license application.
Seeds Requirement: Recommendation of Agricultural Department
Refined ores Requirement: Recommendation of the Department of Mines
Semi-finished/finished fruit products Requirement: Compliance of terms and conditions stipulated by the National Food Law
Wood based furniture Requirement: Compliance with requirements set out by the Ministry of Natural Resources and Environmental Conservation. Recommendations of the Myanmar Timber Enterprise and Forest Department.

Through our office in Yangon, Duane Morris & Selvam advises corporations on investment, business and regulatory processes in Myanmar. For further information, please contact Mr Krishna Ramachandra (, Mr Priyank Srivastava (, or Mr CN Beilo ( or visit Duane Morris & Selvam is recognized as a leading law firm for Myanmar related Corporate, M&A and Projects (including Energy) work – The Legal 500 (2017 & 2018).

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