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Temporary Relaxation of Licensing Requirement for Importation and Exportation of Certain Goods in Myanmar

Temporary Relaxation of Licensing Requirement for Importation and Exportation of Certain Goods in Myanmar

March 10, 2021

The Ministry of Commerce (“MOC”) recently issued Newsletter no.02/2021, dated 3 March 2021, (“Newsletter 2”) granting a temporary exemption for obtaining import/export licenses when importing/exporting certain goods into or out of Myanmar due to the current situation in the country.

According to the list of goods included in the Newsletter 2, there are 72 items that will be exempted from obtaining import licenses. Most of the exempted goods are essential items, including basic foods, medical products, and certain other items that are important for the development of the country. In addition, 32 items are listed as export license-free items; these are all agricultural products. Details are provided in the table below:

List of goods exempted for import licenseList of goods exempted for export license
Fish and fish fillet (HS code 0320)Onion and garlic (HS code 0703)
Wheat goods (HS code 1001 and 1101)Rice and broken rice (HS code 1006)
Soybean (HS code 1201)Raw sugar and refined sugar (HS code 1701)
Oil goods (HS code 1511 and 1516)Natural rubber (HS code 4001)
Raw food products (HS code 2102 and 2106)Cotton (HS code 5201)
Cement products (HS code 2523)
Petroleum, diesel (HS code 2710, 2713)
Medical products (HS code 3006)
Fertilizer (HS code 3102, 3105)

This temporary relaxation is aimed at speeding up the importation and exportation procedure, particularly throughout the current situation. However, this exemption is currently in place only for a one-month period from 8 March to 9 April 2021 and may be extended if necessary.

AUTHOR

My is an experienced Partner with a degree in Foreign Economics from the Foreign Trade University, Ho Chi Minh City. She has over seven years of experience, and worked with PricewaterhouseCoopers and DFDL in Vietnam before joining VDB Loi. She specializes in investment and tax advisory. My Le has assisted Mitsui&Co, Ooredoo and Pan Asia Towers with their investment licensing applications and with obtaining telecom licenses. Additionally, she has led in breaking through newly emerged and highly challenging permits and licenses for foreign investment in beverage, pharmaceutical and trading industries.


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