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International trade blog

Foreign diplomatic relations of Myanmar

A close up of a typewriter with a piece of paper with the words "DIPLOMACY" coming out of it.

Myanmar is a historical and resource-rich country with a turbulent diplomatic past influenced by internal strife, military control, and democratic attempts. Due to changing global dynamics, its foreign policy vacillates between strategic involvement and isolation. Myanmar’s diplomacy and its relations with other nations are mentioned below.  China: A powerful ally or overbearing patron With billions […]

Import duties in Myanmar

An illustration featuring elements of global trade such as a plane, shipping containers, a globe, coins, a truck, and a laptop with currency symbols.

Myanmar’s import tariff system is intended to control commerce and bring in money for the government. Myanmar calculates the tariff rates on imported products using the Harmonized method (HS) Code, an international categorization method for commodities. Myanmar integrates international standards into its commercial policy as a member of ASEAN and the World commercial Organization (WTO). […]