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Table A2.4 Sectors promoted for investment
Sector
Hotel and tourism: Eco-tourism businesses

Table A3.2 Tariff lines where the MFN applied exceeds the bound rate, 2020
HS code: (...)
Description: (...) Waste and scrap of primary cells, primary batteries, and electric accumulators; spent primary cells, spent primary batteries, and spent electric accumulators

Table A3.3 Domestically produced goods and services exempt from commercial tax
Commercial tax exemptions
Goods: Solar panels, solar charger controllers, and solar inverters

In order to ensure continued strong, sustainable and inclusive growth, Myanmar faces a number of economic policy challenges, many of which are inter-related. These include: (…) ensuring that growth is not detrimental to the environment. (…)

(…) At the same time, however, ensuring that the fruits of economic growth are fairly shared, thereby contributing to social harmony, and that growth is not detrimental to the environment are major challenges. (…)

The opportunities for freer trade created by the MTS and these regional trade agreements are also providing an impetus for unilateral market-driven reforms, which will enable Myanmar to take advantage of these opportunities in order to achieve sustained growth and diversify its economy, which is rich in natural resources, but hitherto largely under-developed.

The GOM (Government of Myanmar) is committed to protecting Myanmar's biodiversity, conserving natural forests, greening the 17 mountain ranges in the dry zone, encouraging people to get involved in environmental conservation and management, and extracting natural resources sustainably. (…) Accordingly, the Environmental Conservation Law, enacted on 30 March 2012, provides for the detailed development of environmental rules and regulations, mandatory compliance of environmental impact assessments in development projects, upgrading and standardization of environmental assessments, and joint undertakings with NGOs on broad-based public awareness campaigns. (…)

(…) The GOM (Government of Myanmar) also attaches the highest importance to its commitment to international cooperation on climate change, while adopting new technologies for bio-diesel and other clean energy as well as actively educating the public about sustainable development. (…)

(…) As regards forestry, it is also critical that timber and other forest products be extracted sustainably with proper technology. Therefore, the GOM (Government of Myanmar) will encourage better use of new technology and foreign investment in processing value-added forest products for future exports. It will also promote participatory projects of community forestry in the previously deforested areas while strengthening laws and regulations in prohibiting encroachment in the protected forest areas. The GOM will also consider promoting eco-tourism services in the designated areas.

The Government intends to ensure the sustainable development of forest resources by, inter alia: securing people’s basic needs for fuel, shelter, food, and recreation; and achieving efficiency to harness the economic potential of the forest resources. The Government aims to manage 25% of total land area under Permanent Forest Estates (PFEs) and 10% under the Protected Area System (PAS).