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Temporary Relaxation of Licensing Requirements for the Importation of Liquid Oxygen, Medicine, and Medical Equipment Necessary for COVID-19 Treatment and Prevention

Temporary Relaxation of Licensing Requirements for the Importation of Liquid Oxygen, Medicine, and Medical Equipment Necessary for COVID-19 Treatment and Prevention

July 30, 2021

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-related drugs (where applicable).

The exemption is in effect from 12 July 2021 to 11 October 2021. This temporary relaxation is aimed at speeding up the importation of essential items, particularly medicine and oxygen, of which there is currently a shortage in the market.

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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