Over 15,000 import, export licences granted online in 4 months

LOCAL NEWS

By Nyein Nyein

The Trade Department under the Ministry of Commerce has issued US$5.25 billion worth 15,362 import/export licences through an online platform in the past four months (April-July), to ensure smooth trade amid the coronavirus outbreak, the Ministry of Commerce stated.
The ministry launched the online licencing system for export and import businesses starting from 1 April, intending to reduce the person-to-person contact and mitigate the spread of the coronavirus pandemic. Of the items, available online licencing system, medicines and raw materials for the pharmaceutical industry are exempted import licence fee and the number of things is not restricted. The allowable limit is up to 50 MB for ten attachments, and the Trade Department recently notified again.
That is why, the process of licence applications, fee payment and receiving licences can be done online. As of 31 July, the trade department has offered online system for export/import items, including CMP garment and necessary import goods such as pharmaceuticals and related supplies, hospital equipment, foodstuffs, fertilizers, palm oil and oil products, milk and dairy products, electronic devices, fuel oil, lubricants, motorbikes and bicycles, agricultural products, lead, sugar, natural gas and other products. Licence applications can be processed on www.myanmartradenet.com.mm. The companies need to sign up membership, and application fee can be paid with the MCB eCommerce Pay of the Myanmar Citizens Bank. Additionally, the MPU eCommerce pay started on 8 May 2020. The Trade Department under the Ministry of Commerce has been granting reliefs to facilitate trade amid the COVID-19 period. For custom clearance processes, the electronic data must be sent to the Myanmar Automated Cargo Clearance System (MACCS) of the Customs Department. (Translated by Ei Myat Mon)

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