The Trade Department under Ministry of Construction released the new trade regulations on six items

Importers will not be allowed to trade six items – fertilizers, seeds, pesticides, medical equipment, construction materials and equipment, and agricultural machinery and equipment without a wholesale or retail business registration, according to the Trade Department under the Ministry of Construction, state media reported.

Foreign companies and joint venture companies between foreigners and Myanmar citizens, which are importing the six items using their import-export registration certificate, were given a 90-day deadline from 21 May to apply and register their business.

The registration period has expired, but businesses are being allowed to proceed with the registration process, in accordance with the rules and regulations. However, businesses that have not registered will no longer be able to trade the six items using their import-export license alone.

(Mizzima: http://www.mizzima.com/article/new-trade-regulations-six-items )

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