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Gems and Precious Stones Now Subject to Export Licences

Gems and Precious Stones Now Subject to Export Licences

An export licence is now required for a list of 3,345 products before they could be exported from Myanmar. Gems and precious stones, along with animal products, forestry products, unprocessed mining goods, vehicles, heavy machinery, paddy, oil-producing plants, seeds, chemicals, fertilisers, explosives and antiques, are included in the list.

For the full list (partly in Burmese) of the newly regulated products, see the official notification on the Ministry of Commerce’s website.  A separate list detailing the goods that are exempt from an export licence is due to be issued in line with Myanmar’s WTO commitments, though a specific date for its release has not yet been announced.

Source: HKTDC

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