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2.63. Together with the OECD, the Ministry of Investment and Foreign Economic Relations (MIFER)
launched the second Investment Policy Review of Myanmar on 24 November 2020. The review assesses past reforms and remaining challenges in various areas including (...) green growth (...).

2.88. The law [the 1989 State-Owned Economic Enterprises Law (SEE Law), as amended], however, qualifies the exclusive allocation to the Government in various forms, partly through the identification of reserved activities (e.g., "cultivation and conservation of forest plantation," but not sale of wood products). (...)

3.30. The thinking on industrial development also reflects specific ambitions for the mining and energy sectors. For mining, a policy aiming at minimal environmental impact and maximum transparency and accountability is to be pursued, reflected inter alia in the country's membership in the Extractive Industries Transparency Initiative (EITI). For energy, the policy further reflects the aim to seek energy security and to export the surplus, coupled with an alternative energy policy to attract investment into solar and wind power.

3.32. Sustainability and value-addition/diversification are equally determinative of the Government's policy in the mining and energy sectors. As Myanmar is rich in natural resources such as oil, gas, minerals and gems, mining is a key pillar of its economy and a key export earner. (...)

3.33. (...) Since 2014, Myanmar has been part of the countries that implement the Extractive Industries Transparency Initiative (EITI) to improve its practices in natural resources exploitation and financial management. The Government takes this process very seriously and takes pride in the progress made. The country was admitted as an EITI candidate in 2014. Its validation against the EITI Standard commenced on 1 July 2018. On 16 October 2019, the EITI Board found Myanmar to have made meaningful progress in implementing the EITI Standard.

3.38. Agriculture, fisheries and forestry in Myanmar are linked by a common narrative, namely that of essentiality and the need to secure sustainability. Sustainability entails two needs: diversification and hence increased value-addition; and climate-smart, climate change mitigating approaches.

3.44. (...)Alongside food security and economic development climate change (and sustainability in general) takes centre stage in the Government's approach to agriculture, as reflected inter alia in the Myanmar Climate Smart Agriculture Strategy.

3.45. The vision Myanmar's agricultural policy is "An inclusive, competitive, food and nutrition secure and sustainable agricultural system contributing to the socio-economic well-being of farmers and rural people and further development of the national economy". This vision underpins the Agricultural Development Strategy which is based on three pillars: governance, productivity and competitiveness with the principles of clearly defined public and private roles, sustainability (...)

3.51. Sustainability, especially that of marine fisheries, is a key concern. Government policies on fisheries aim to establish a sustainable overall balance, expanding the production of marine and fresh water aquaculture and upgrading the socio-economic conditions of fishing communities, while ensuring the sustainable development of the sector and conserving and rehabilitating (wild) marine fishery resources. The Government's vision is to encourage the legal freshwater and saltwater fishing and to prevent the extinction of offshore and onshore fisheries and stop illegal fishing. The Department of Fisheries under the Ministry of Agriculture, Livestock and Irrigation (MoALI) is the competent authority, responsible for the conservation and rehabilitation of fishery resources and licensing, while the Inspection and Quality Control Division implements food safety management systems for inspection bodies and laboratories.

3.52. Myanmar is an active and committed participant in the WTO Fisheries Subsidies negotiations. As an economy dependent in significant part on fish, it has a major interest in a successful and ambitious outcome. The Government is determined to continue to play its part, and make any contribution necessary, to reach such an outcome, while securing legitimate space for sustainable policies, including those essential to address food security and poverty alleviation in coastal areas, (...)