Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country.
The Myanmar Customs Information System (MCIS) and the Myanmar Automated Cargo Clearance System (MACCS), online customs clearance systems interfacing with other governmental associations, are now managed by the junta-led Ministry of Planning and Finance (MOPF). The systems were established during the deposed civilian government to connect to the National Single Window and the ASEAN Single Window.
The military coup wreaked havoc on the logistics industry. The countrywide civil disobedience movement, which included labor strikes protesting the military coup, caused significant operational setbacks at Yangon ports from February to May 2021.
Regular customs operations resumed in May 2021, but there were several delays in customs clearance due to a variety of factors, including backlogs caused by Covid case spikes and the regime’s recent attempt to tighten its control over foreign currency flows, which had a significant impact on incoming import shipments and customs clearance processes that began in early April 2022.
Following the February 2021 coup, the U.S. government issued a series of targeted trade sanctions against military officials, ministers, family members, and junta-led private corporations and state-owned organizations. View sanction notifications from the United States or sanction search.
On February 12, 2021, the U.S. Department of Commerce’s Bureau of Industry and Security imposed restrictions on the export of “critical items” to the military regime. American vendors must apply for a special permit to export certain restricted, sensitive commodities to the Ministry of Defense, the Ministry of Home Affairs, other relevant military units, and security services. Visit Bureay of Industry and Security website for additional information.
The U.S. Trade Representative made a statement in March 2021 banning all U.S. engagements with Burma under the 2013 Trade and Investment Framework Agreement (TIFA).