EU grants €8 million to develop Myanmar trade
The EU has pledged €8 million in funding to develop Myanmar trade. It supports initiatives within the ARISE Plus Myanmar program. The latter is designed to bring Myanmar businesses up to international standards. The International Trade Centre willPermitting 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
Recycled plastic pellets to be exported
Myanmar is expected to soon begin exporting recycled plastic pellets to China under a new agreement, according to a Myanmar Times article. U Soe Min, acting chair of the Recycling Subcommittee, part of the Myanmar Plastic Entrepreneurs Association, s
India expected to re-start importing Myanmar beans
Traders in Myanmar’s beans and pulses industry have said they expect to re-start exporting to the Indian market this month. According to an article in the Myanmar Times, U Min Ko Oo, secretary of the Myanmar Pulses, Beans and Sesame Seeds Merchants
Trade deficit drops by USD 1.3 billion in the second quarter
During the first six months of FY 2018-2019, the trade deficit has dropped by USD 1.315 billion compared to the same period during FY 2017-2018. The data was released by U Maung Maung Win, Deputy Minister of the Ministry of Commerce, at a meeting of
