Online Trading Licences to Launch This Week

Online export and import licensing services for 50 items will launch on June 7, according to the Ministry of Commerce.
“In the beginning we are focusing on agricultural products, constructional materials, commodities and garment products,” U Myo Khaing Win, deputy director of Ministry of Commerce, said.

More than 4,000 types of traded goods are expected to be available in the system later. The remaining goods to be included in the online service system will take about six months due to the ongoing data collection process, the Ministry said.

To complete online licence applications, applicants should visit www.myanmartradenet.com.mm, but for garment-related export and import licences, applicants have to go through the Myanmar Garment Entrepreneurs Association (MGEA) website, www.myanmargarments.org.

“A recommendation from MGEA is needed for garment import and export applicants. In the online system, we combined both the recommendation of the associations and applications. It means that the application does not need to go directly to the Ministry,” the deputy director said.
Introducing the online licensing system is included on the ‘100-day plan’ of the Ministry. Red tape and bureaucracy in various departments in the Ministry of Commerce has plagued the licence approval process for a long time.

U Myo Khaing Win claimed if electricity and internet access infrastructure including complete details of the application are there, it would only take ten minutes to receive approval.
“Even though Myanmar is late to implement an export and import online service system, it is still a great news. The applicant should provide complete details and the tax payment records to make the process smoother,” U Myat Thin Aung, chairman of Hlaing Tharyar Industrial Management Committee, told Myanmar Business Today.

According to the Ministry for Commerce, online licence applications are only allowed for maritime traders and for two border gates – Muse and Myawaddy.

From: Myanmar Business Today