There are already more than 3,000 HS or harmonised-system codes and 318 licence-free trade products, and more goods that can be traded without a licence will be announced next month, according to Department of Trade Promotion.
“The new merchandise that can be traded without export/import licences will be announced in July. Those licence-free products have only to pass through customs,” said an official from the department.
Altogether 152 export products and 166 imported goods do not need trade licences.
Flowers, beans, fruit, coffee seeds, pepper, corn seeds, traditional medicines, various fish allowed by the Livestock and Fisheries Ministry, garments, value-added marine products and traditional foods are allowed to export without a licence.
Chemicals, surgical appliances with the approval of the Ministry of Health, teaching equipment, letterpress ink, cosmetics, bicycle spare parts and cotton-made materials are allowed to import without a licence.
Myanmar imports include capital goods, raw materials and commodities while exports include animal products, fish, minerals, forest products and industrial-finished products.
Source: Eleven Media