Myanmar keyword: The Ministry of Commerce (“MOC”)

June 25, 2024

The Ministry of Commerce (“MOC”) recently issued Export and Import Bulletin No. 2/2024 to replace Export and Import Bulletin No. 16/2023 dated 21 December 2023, which specified 14 categories of goods that could be stored in a customs warehouse before the importer had obtained an import license from the MOC. Bulletin No. 2/2024 reduces the […]

November 14, 2023

On 2 October 2023, the Ministry of Commerce (“MOC”) introduced its e-commerce registration system, known as eComReg, during an awareness-raising event held at the Union of Myanmar Federation of Chambers of Commerce (“UMFCCI”) in Yangon. Individuals and entities engaging in e-commerce activities are now required to register via this new system. Who needs to be […]

November 4, 2022

To strengthen the compliance with the report from the Financial Action Task Force (“FATF”), Ministry of Commerce (“MOC”) has issued its bulletin no. 10/2022 on 31st October 2022 required that all border trade transactions must be settled only through a licensed bank (“Bulletin 10”). Bulletin 10 also mentions that the importers are allowed to acquire […]

April 20, 2022

In accordance with the notification issued by the Central Bank of Myanmar on 3 April 2022 regarding the conversion of USD into MMK within one working day, the Ministry of Commerce (“MOC”) has confirmed that it will assist importers/exporters regarding the facilitation of applications to buy USD used for their businesses with the Foreign Exchange […]

March 30, 2022

Recently, the Trade Department of the Ministry of Commerce issued Newsletter No. 2/2022 for additional items requiring an import license. This follows previous action by the department of adding commodity lines 3070 (Newsletter No. 18/2021) and 826 (Newsletter No. 1/2022) to the list of those requiring an import license. Effective from 2 March 2022, the […]

November 26, 2021

Notably, 3,070 types of goods have been added back to the list of goods requiring import licenses as per the new Newsletter no 18/2021 dated 9 November 2021 (“Newsletter 18”) issued by the Ministry of Commerce (“MOC”). With the purpose of reviving the economy after the significant impact of Covid-19 over the past year and […]

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 […]

November 24, 2020

For approximately 4,000 types of goods, import licenses are required in order to import these products into Myanmar as per the new Notification 68/2020, dated 22 October 2020, (“Notification 68”) issued by the Ministry of Commerce (“MOC”). Notification 68 has revoked the MOC’s previous notification 22/2019, dated 21 May 2019 (“Notification 22”) regarding the list […]

September 30, 2020

As a follow up to our email earlier this year about the soft-opening period for the reregistration of trademarks, please note that the Ministry of Commerce (“MOC”) has issued order 63/2020, dated 28 August 2020, in relation to the implementation of the online system for reregistration of trademarks that will start from 1 October 2020 (“Order”). According […]

May 29, 2020

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 […]