Government TPR |
WT/TPR/G/293 |
G-IV§36 |
Myanmar |
2014 |
Trade Policy Framework |
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(…) 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. (…)
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Climate
Bio
Clean
Energy
Sustainable
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Government TPR |
WT/TPR/G/293 |
G-IV§37 |
Myanmar |
2014 |
Sectors |
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Forestry |
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(…) 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.
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Secretariat TPR |
WT/TPR/S/293/REV.1 |
S-IV§24 |
Myanmar |
2014 |
Sectors |
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Forestry |
Relevant information
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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).
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Government TPR |
WT/TPR/G/293 |
G-VI§8 |
Myanmar |
2014 |
Sectors |
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Forestry |
Relevant information
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(…) Myanmar is one of few countries in the world with natural teak forests and continuous efforts are deployed to preserve this unique endowment. Systematic forest management in Myanmar was first initiated in 1856 and was further consolidated into guiding principles in forest management in 1894. These principles are enshrined in the Myanmar Forest Policy of 1995.
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Government TPR |
WT/TPR/G/293 |
G-VI§20 |
Myanmar |
2014 |
Sectors |
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Services |
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One key objective of Myanmar's tourism policy is to focus on the long-term sustainability of tourism development, notably through responsible and community-based tourism. The policy aims at maximizing economic, social and environmental benefits and minimizing costs. Myanmar is closely working together with the donor community in implementing its tourism development strategy.
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Government TPR |
WT/TPR/G/293 |
G-VI§18 |
Myanmar |
2014 |
Sectors |
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Energy |
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Since 2008, private companies have been allowed to participate in power generation, especially in hydropower plant projects. Private sector participation is allowed not only in generation, but also in distribution. Some 77% of total electricity is hydro-powered, followed by natural gas, which accounts for about 20%. A master plan for power production and distribution is under preparation with a view to replacing old gas turbine plants with new more efficient combined cycle plants that use the same amount of gas, but produce two to three time the amount of power.
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Government TPR |
WT/TPR/G/293 |
G-IV§36 |
Myanmar |
2014 |
Trade Policy Framework |
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Relevant information
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(…) The Foreign Investment Law also contains social and environmental protection provisions.
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Government TPR |
WT/TPR/G/293 |
G-V§18 |
Myanmar |
2014 |
Trade Policy Framework |
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Accordingly, the GOM (Government of Myanmar) attaches the highest priority to drawing up the necessary procedures as well as environmental and social guidelines for foreign investment in accordance with the new Foreign Investment Law (FIL) promulgated in November 2012. (…)
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Secretariat TPR |
WT/TPR/S/293/REV.1 |
S-II§48 |
Myanmar |
2014 |
Trade Policy Framework |
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Relevant information
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Under the new FIL (Foreign Investment Law), foreign investment is to be approved if it: supports the objectives of the national development plan, activities lacking money and technology, and those still not exercisable by the citizens; develops job opportunities; promotes and expands exports; produces import substitution goods; facilitates technology development; supports projects requiring large investment; encourages energy saving, and the exploration and extraction of new energy, as well as sustainable energy development (such as new bio-based energy); develops modern industry; conserves the environment; (…) and meets the short- and long-term domestic utilization of state energy resources.
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Keywords
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Energy
Sustainable
Bio
Conservation
Environment
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Government TPR |
WT/TPR/G/293 |
G-V§20 |
Myanmar |
2014 |
Trade Policy Framework |
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Relevant information
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The two new laws (FIL - Foreign Investment Law and CIL - Citizens' Investment Law), which were closely scrutinized by Parliament, envisage not only wide range of activities where foreign investment can involve 100% equity ownership, but also lower and non-discriminatory minimum capital requirements, tax incentives (especially tax holidays), longer leasing of real estate, and vigorous standards for environmental and social protection.
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