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Corn commodity lines including corn mills, and cornstarch will be allowed to export only after applying for an export license starting from April 1

On March 9, 2022, the Department of Commerce announced that commodity lines containing corn mills, including cornstarch, would be allowed to export only after applying for export licenses from April 1, 2022. The Ministry of Commerce and Industry (MOEC) Department of Commerce Published by Import Newsletter (3/2022). Some of the exported goods are subject to national security and food security. In order to protect the environment, 778 lines of goods with HS Code 6 Digit or 1224 lines of goods with HS Code 10 Digit are designated as goods lines that need to apply for export license by Notification No. (51/2020).

According to the joint 2017 Customs Tariff of Myanmar, which includes corn mills, including cornstarch, 11 additional lines with HS Code 6 Digit or 12 lines with HS Code 10 Digit are required to apply for export licenses. Therefore, any of the goods lines required to apply for a license under paragraph 2 above may be imported from overseas. The Department of Commerce has announced that from April 1, 2022, exports will be allowed only after applying for export licenses in accordance with the regulations. From March 2, the Department of Commerce announced that 141 lines of goods containing wheat and plastic raw materials will be added to the list of goods that need to apply for import licenses. In the aftermath of the COVID-19 outbreak, businesses may need to be rehabilitated.  

In order to streamline imports and regulate the use of foreign currency for the import of goods, some imported goods will be subject to the import license system. Therefore, according to the Notification No. 68/2020 issued on October 22, 2020, there are 3931 product lines with HS Code 10 Digit which need to apply for import license. HS Code 10 Digit issued by Newsletter on Import and Export (18/2021) with 3070 product lines; The HS Code 10 Digit issued by the Newsletter (1/2022) states that the goods specified in the joint HS Code, including 826 product lines, including 826 product lines, are the goods lines that need to apply for import licenses. Importing from the air and border trade routes will be allowed from March 2, 2022 only after applying for an import license in accordance with the procedures.

Source: Daily Eleven

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