ministry of commerce myanmar import license

The Department of Trade from the Ministry of Commerce (MOC) is responsible for issuing import licenses for both agricultural and non-agricultural products that require them. by the state owned organizations or private enterprises or private individuals of the Union of Myanmar, is the control of Imports and Exports (Temporary) Act, 1947, which is till in force up to now. These new import permits should be in line with this strategy,” commented a senior automotive executive in Yangon. However, medical equipment, medical devices, medicines and pharmaceutical products are regulated by FDA under Ministry of Health. This law is administered by the Ministry of Commerce which, from time to time, issues necessary orders, notification, directives, pertaining to all export / import matters including issuance of licences and permits as well. According to this Notification, the commodities in 4818 HS lines of HS 2017 version will require import license. PAC issues a hard copy of the online application and makes it available to the exporter. MINISTRY OF COMMERCE. If the application is passed and approved, the import license will be issued. 10. The Ministry of Commerce MoC recently announced the amendment of the import probation list which liberalizes the list of alcoholic beverages to be allowed to import into Myanmar. The Ministry of Commerce started accepting online application for export/import licenses for certain items and it was proved to be effective as the ministry was able to issue license in 20 minutes after the application. 61/2017.. Tel: 067 - 408265, 067 - 408221, Fax: 067 - 408004 | Email: [email protected] 3. Found inside – Page 1385/98, the Ministry of Commerce announced a list of prohibited commodities for import. ... of an import license on items used for garment assembly (cutting, ... The government has been rolling out a slew of relief measures to help ease the pain for businesses affected by the COVID-19 pandemic and keep investors interested in Myanmar. In August 2004, the Ministry of Commerce (MOC) deployed a web-based semi/fully online licensing system for its export/import trade registration and license issuing services. The Myanmar government has allowed import of oxygen concentrators without the need to apply for Food and Drug Administration endorsements or import licenses, said Aung Naing Oo, union minister for investment and foreign economic relations. Found inside – Page 955/98, the Ministry of Commerce announced a list of prohibited commodities for import. ... of an import license on items used for garment assembly (cutting, ... Import 2. Applications will be available online for about 50 of more than 4,000 approved export and import items allowed by the ministry. Then, the EIB Division issues a hard-copy of license to the importer. The license is valid for three months with renewable for additional two months and another one month. Trade liberalization in Myanmar saw license requirements dropped for another batch of import commodities that covers about 600 imported goods, according to the Ministry of Commerce. These new import permits should be in line with this strategy,” commented a senior automotive executive in Yangon. Found inside – Page 55Border trade was legalized and allowed to be conducted at the market exchange rate . ... All exports require a permit from the Ministry of Commerce . ... These include Myanmar Agricultural Produce Trading ( MAPT ) under the Ministry of Commerce , Myanmar Agriculture Service ( MAS ) , and the State - owned Economic ... Myanmar commerce ministry declares import licence list This will take effect on December 1, the Ministry of Commerce announced. On the 12th of June 2017, the Ministry of Commerce of Myanmar has issued Notification No. Myanmar citizens with foreign exchange accounts can import passenger cars 2007 and later. Most imported agricultural products require an import license to certify that the product is approved to enter Burma. the Department of Border Trade of the Ministry of Commerce are responsible for issuing import licenses, establishing their validity period, prescribe a fee for the import license at a rate not to exceed 5 percent of the consignment, and establish the conditions under which the license can be re-issued and its fee. Although these controls are being liberalized, at present more than 50 classes of goods require import licenses from the Ministry of Commerce… 2 Product coverage. Liquor from abroad shall only be imported through Yangon Port and Yangon Airport. Found inside – Page 17The Ministry of Commerce (MOC) also governs aspects of the rubber industry, as it manages trade policy, import and export licenses, border control, ... Found inside – Page 42First, both imports and exports were subject to licensing. Export/Import licenses from the Ministry of Commerce were required for every trade contract. However, 3,931 tariff lines, including the majority of U.S. agricultural exports to Burma, still require an import license. ... import permits and licenses by the Ministry of Commerce. Found inside – Page 189A review of these NTMs was initiated by the Ministry of Commerce, starting from ... In fact, up to 2012, a license was required to import any type of goods. The Myanmar Garment Manufacturers Association has created an online import license application system for our member companies to process their import license applications faster and more efficiently. Found inside – Page 201Nonetheless, Myanmar authorities have routinely applied policy exceptions, ... the Thilawa SEZ Management Committee, and the Ministry of Commerce (MoC). Chemical, dual use products and other hazard products are in the list of negative with non auto-licensing system. Found inside – Page 1883Account holders are allowed to effect imports under import licenses issued by the Ministry of Commerce (MOC) on the basis of LCs. 7 Although there are quite a few laws and regulations related to trade, the Myanmar Export/Import Rules and Regulations for Private Business Enterprises, issued by the Ministry of Commerce in 1998 and amended in 2008, is the major one. Found inside – Page 621Account holders are allowed to import under import licenses issued by the Ministry of Commerce ( MOC ) on the basis of LCs or on a collection basis . 3. Laws and Orders . Win Khaing Tun, deputy director of the Ministry of Commerce, revealed the plan at the “Fully Online Licensing System” workshop at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) on Monday. like an import registration and with it the importer can make separate shipments during the 2 years. Vehicle import license application to go fully online from October 1. Export Import Procedures. Found inside – Page 159As of December 1998, the Ministry of Commerce stipulated that items which are ... Import permits may be obtained by producing evidence of export earnings. LINCOLN LEGAL SERVICES (MYANMAR) LIMITED (a) The Ministry of Commerce, Trade Department, will offer a registration procedure for e-commerce/online shops. You can get all the import and export license information on Myanmar TradeNet website at (https://). 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. This will take effect on December 1, the Ministry of Commerce announced. According to the trade liberalization, Negative List for import announced to be consistent with WTO Import Licensing Agreement. Found inside – Page 23The Trade Policy Council oversees the list of controlled exports . All exports require a permit from the Ministry of Commerce . ... D. Import License Requirements Under its ASEAN commitments , Burma will eventually have to eliminate all ... Since 2004, the Commerce Ministry started introducing the online export-import license … The license is valid for three months with renewable for additional two months and another one month. In August 2004, the Ministry of Commerce (MOC) deployed a web-based semi/fully online licensing system for its export/import trade registration and license issuing services. It is an important step in Myanmar’s democratic journey, which will be charted by the people of Myanmar. The Ministry of Commerce designates classes of goods that are subject to import controls, which usually take the form of permission and licensing. The ministry announced on Monday that it would allow the import of medical supplies and liquid oxygen without the need to apply for import licenses for three months. Found inside – Page 28... Trade and exporter Recommendation for ex- port license Relevant ministries or associations under the Union of Myanmar Federation of Chambers of Commerce ... Ministry of Commerce deputy minister U Aung Htoo proposed the new fee structure, which will see licensing rates of a minimum of K30,000 to a maximum of K90,000, from the current rates of K250 to K50,000. Tel: 067 - 408265, 067 - 408221, Fax: 067 - 408004 | Email: [email protected] (Contect email is just for know and Please submit with formal letter for take action.) Chapter 4 Terms and conditions with regard to the liquor import permit 11. Ministry of Commerce and Industry lays down modalities for import quota of additional quantity of Urad; Invites online applications from the intending millers/refiners (having own ... DGFT allows import of Urad upto an annual quota of 04 lakh MT, allowing the same only to the Millers/Refiners as per notified procedure w.e.f. The exporter collects the issued license at the MOC offices in Naypyitaw or Yangon. Ministry of Commerce assistant secretary U Khin Maung Lwin said import licenses will be done away with in a move to facilitate freer trade. The Ministry of Commerce (“MOC”) issued its new Notification 38/2020 on 25 May 2020 (“Notification 38”), allowing the importation of foreign alcohol and ending a decades-old ban in Myanmar.This is the second instance of the ban being relaxed, following the first time in 2015 when the MOC allowed local importers to import foreign wine only. You can get all the import and export license information on Myanmar TradeNet website at (https://). Found inside – Page 583... or import business ? must be a registered exporter / importer and must hold a licence issued by Ministry of Commerce . ... of importer as one of the following : ( a ) payments retained outside Myanmar for products exported from Myanmarlo ( b ) ... On October Due to the rapid spread of COVID-19 throughout the third wave of infection in Myanmar as well as a shortage of medicine and medical supplies in the market, the Ministry of Commerce has issued Notification 12/2021, dated 12 July 2021, granting a three-month temporary exemption for obtaining import licenses when importing liquid oxygen as well as medical equipment and Covid … Found insideBusiness and Investment Opportunities in Emerging Myanmar Balbir B. Bhasin ... and obtain new import and export licenses from the Ministry of Commerce. The Ministry of Commerce announced that car showrooms in Myanmar will be allowed to apply for or renew their car import licenses under a full online system starting October 1. In May 2018, Myanmar’s Ministry of Commerce (MoC) issued Directive 25/2018 (the Directive), allowing 100% foreign owned companies, as well as joint venture companies established between Myanmar citizens or companies and non-Myanmar citizens or companies, to conduct retail or wholesale businesses in Myanmar, subject to various minimum capital requirements and operational … The importer collects the issued license at the MOC offices in Naypyitaw or Yangon. 58/2019 12 th Waxing Day of Thadingyut, 1381 (10 th October 2019) Setting the import license fees 1. If the application is passed and approved, the import license will be issued. The Myanmar Pharmaceutical & Medical Equipment Entrepreneurs’ Association has told traders that they can ask for help from the Department of Commerce to import medicine, but Zaw Min says the two countries need to issue specific guidelines. The Republic of the Union of Myanmar. 12. Vehicle import license application to go fully online from October 1. (c) Such registration procedure will be implemented as a module on the Myanmar Trade The ministry announced on Monday that it would allow the import of medical supplies and liquid oxygen without the need to apply for import licenses for three months. ministry of commerce export/import trade situation of myanmar in (1-10-2020) to (2-7-2021) compared to the same period of 2019-2020 fiscal year (cso ၊ … The Ministry of Commerce issued the Notification No. Found inside – Page 805/98, the Ministry of Commerce announced a list of prohibited commodities ... in foreign currency on the C.I.F. value for issuance of an import license ... According to the Notification No. 9.Importer brings the hard copy of the Import License application to the Import section of the Ministry of Commerce in Nay Pyi Taw. The import of a petroleum product through a specified port, airport and border crossing shall The scarcity caused by the restrictions has caused prices of medical supplies to soar, he added. အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Department of Trade under the Ministry of Commerce on August 14 has placed a three-month ban on importers, warned by the FDA for providing forged or incorrect documents, from applying for import licenses through the online system. The commodities under the 29 Tariff Lines that have been transferred to the Import Negative List from the list of Non-licensing requirement are required to apply for import license after 60 days of the announcement of this Notification No. 22/2019. Ministry of Commerce Department of Trade Found inside – Page 29Commerce , implements trade policies and regulation , including the issuance of export and import licenses and permits for all local and foreign private ... 61/2017) have been liberalized. Naing Aung 27 Sep 2020. (b) The Ministry of Commerce will implement an online registration system for ease of access and clarity. Executives of wine importer Premium Distribution will stand trial and face a possible prison term after a government investigation revealed the company was unable to produce an import licence for about 80,000 bottles of wine stored at its warehouse in Yangon, officials said. The minimum CIF value is USD 8 per litre. Chemical, dual use products and other hazard products are in the list of negative with non auto-licensing system. In 2018, MOC set to revamp the existing licensing system to become a fully online application system and to … Currently, MMK 50,000 is the maximum import license fee, according to a Myanmar Times report. Building 3, Nay Pyi Taw, The Republic of the Union of Myanmar. In late 2001, the Ministry of Commerce changed its policies “The commerce ministry has made significant changes allowing new cars to be sold more easily in Myanmar through official distributors and consequently a more attractive place for investors. 1. The Ministry of Commerce is waiving import and export license requirements for select agricultural commodities from March 8 - April 9, 2021. Website. Thus, it will accept online application for the remaining items. Found inside – Page 251On March 20, 1998, the Ministry of Commerce announced Order No. ... of an import license on items used for garment assembly (cutting, making and packaging). Statements from the Myanmar Minister for Commerce indicate that barriers to vehicle importation will continue to relax over time. This system has been designed to electronically link factory users (our members), the MGMA office staff and the Ministry of Commerce. The Export/Import license is monitored by Ministry of Commerce. Thus, it will accept online application for the remaining items. The Ministry of Commerce administers the licensing system in relation to trade in goods. Found inside – Page 151In November Table 1 Amount of Trade between Myanmar and Japan (2008–2014). 268 Exports To Japan, Ministry of Commerce, Nay Pyi Taw, 2014: 1–3. Comprises orders, notifications, press communique, and press-release issued by the Ministry and Directorate of Trade, Burma. The announcement of Customs Department, Ministry of Planning and Finance and Industry (No.1-TaKa (OSS)/2021(3)) issued on 19 April 2021, and the Announcement of Trade Department, Ministry of Commerce (No.2020-2021 (0607) issued on 18 April 2021, and other … Found inside – Page 71Import Permit/License from the Directorate of Trade, Ministry of Commerce, Union of Myanmar. PROHIBITED GOODS Only the following goods are permitted into ... In Brief Myanmar has imposed a ban on the products from other countries, including Thailand through the border areas. Authorities also allow Myanmar migrant workers living abroad to import vehicles when they return to Myanmar. “The commerce ministry has made significant changes allowing new cars to be sold more easily in Myanmar through official distributors and consequently a more attractive place for investors. Building 3, Nay Pyi Taw, The Republic of the Union of Myanmar. Found inside – Page 1815/98, the Ministry of Commerce announced a list of prohibited commodities for import. ... of an import license on items used for garment assembly (cutting, ... Export and import licenses are part of non-tariff measures (NTMs) that need to comply the WTO Licensing Agreement. 61/2017, dated 14th December 2017 to announce the Import Negative list in HS 2017version instead of HS 2012 version. In 2004, the MOC launched an online licensing system called the Import-Export License and Permit System (IELPS), which has continued to be developed over time. Government of the Republic of the Union of Myanmar Ministry of Commerce Notification No. By Kyaw Hsu Mon 17 December 2014. Licenses for importing some of the over 4,000 products into the country will be done away with as part of the move to facilitate trade and ensure Myanmar adheres to international trade regulations. Found insideLifting of export/import licensing Covers export and import licensing ... export licenses abolished Enhanced Integrated The Ministry of Commerce has ... Timeline Set for Changes to Import/Export Licensing and Registration Requirements in Myanmar The Myanmar Ministry of Commerce has set the timeline for foreign-owned and joint venture companies importing or exporting specific categories of goods to … MYANMAR EXPORT / IMPORT RULES AND REGULATIONS Export / Import Licensing System Law Governing Licensing. The Ministry of Commerce has announced that applying for import/export licenses for more than 100 types of goods will be fully online starting from April 1, 2020 as part of efforts to implement social distancing to stop the spread of COVID-19 in Myanmar. According to the trade liberalization, Negative List for import announced to be consistent with WTO Import Licensing Agreement. 2/2021 Date: 3 March 2021 To apply export/import license Pro-forma Invoice or Sale contract Exporter/importer registration Recommendation (if required) For import, the license’s validity period depends on each product that you have applied whereas the export license’s validity period is normally 3 months from the date of issuance of license. Found inside – Page 29Myanmar's ranking for international trade jumped from 135th to 103rd in the ... eliminated export and import licensing requirements on a range of goods. Harmonised System Codes, an internationally standardized system of names and numbers to classify traded products, for 91 import items and 73 export items … In October 2020, the Ministry of Commerce published notification 68/2020, which reduced the number of tariff lines that require an import license. export of goods require a specific license from the Ministry of Commerce. Found inside – Page 765/98, the Ministry of Commerce announced a list of prohibited commodities for import. ... of an import license on items used for garment assembly (cutting, ... Found inside – Page 606Account holders are allowed to import under import licenses issued by the Ministry of Commerce ( MOC ) on the basis of LCs or on a collection basis . Ministry of Commerce issued 23,289 export-import licenses worth over seven billion USD through the online system in 2018. 17 November 2020. RANGOON — Per January 1, the Ministry of Commerce will require car importers to apply for import licenses prior to shipping as part of a government effort to reduce the storage of vehicles at Thilawa Port, state media announced on Wednesday. In 2018, MOC set to revamp the existing licensing system to become a fully online application system and to … Application Form. Ministry of Commerce deputy minister U Aung Htoo proposed the new fee structure, which will see licensing rates of a minimum of K30,000 to a maximum of K90,000, from the current rates of K250 to K50,000. The new licensing structure would raise fees from between MMK 30,000 to MMK 90,000. The licensing is not intended to restrict the quantity or value of imports. Found inside – Page 965/98, the Ministry of Commerce announced a list of prohibited commodities for ... foreign currency on the C.I.F. value for issuance of an import license on ... 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