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4.32. FDI in the manufacture of forest products is prohibited. FDI is allowed in the following areas, as authorized by the MOECAF: (i) establishment of forest plantations (e.g. teak, hardwood, rubber, bamboo, and rattan); (ii) wood-based industries and businesses related to forest plantations; (iii) eco-tourism; and (iv) high-tech research for the forestry sector, such as production and conservation of quality teak.

4.33. Myanmar's timber export policy is as follows:
a. A ban on exports of round logs has been in place since 1 April 2014, to preserve Myanmar's dwindling forest cover, in particular, teak forests. The export prohibition also applies to boule-cut logs, baulk-square timber, and confiscated timber. The rationale of the export ban is to promote exports of processed products and fulfil the requirements for raw materials by the local milling industry.

4.33. Myanmar's timber export policy is as follows:
b. Round logs and sawn timber sold by open tender may be processed locally by private mills, and the products may then be exported under the supervision of the Forest Department. Export commodities are sold in foreign currencies. A Certificate of Legality issued by the Forest Department is required.

4.33. Myanmar's timber export policy is as follows:
c. A forestry resource tax is levied as a 5% SGT on logs and different types of timber; and as a 10% SGT on exports of logs and different types of timber (Section (11)(b) of the Union Taxation Law, 2019). The tax applies to private and government entities.

4.34. Imports of sawn timber and forest products are subject to a recommendation issued by the Forest Department.

4.37. The authorities stated that the WTO fisheries subsidies negotiations are important for Myanmar. Losses due to illegal, unreported, and unregulated fishing are a particular challenge. In the WTO negotiations, Myanmar pursues its interests as part of the LDC Group.

4.38. The Department of Fisheries (DOF) of the MOALI is responsible for the management, conservation, licensing, and development of fisheries resources. The Monitoring, Control and Surveillance Scheme for the management of the marine fisheries was launched in 2019, and actions against violating vessels started in 2020. (...)

4.48. The adoption of the Myanmar Mining Policy is currently in the legislation process. The authorities note that exports of oil, gas, and minerals remain the largest source of foreign income; the sustainable development of the extractive sector and sound revenue management are critical to the country's economic growth and future generations; (...)

4.52. (...) The Department of Mines is responsible for issuing exploitation licences (except for small-scale operations), collecting royalties, and implementing measures to protect the environment from pollution related to mining and its associated operations (e.g. environmental, social, and health impact assessments . (...)

4.64. Myanmar's electricity generation increased from 12,247.1 GWh in FY 2013/14 to 20,055.3 GWh in FY 2017/18, approximately 55.8% of which is generated from hydropower (...)