1996

Myanmar finds itself in a process of intensive development and reform. Over the past years, the Government of Myanmar has embarked on a wide range of regulatory and institutional reforms to open the country’s economy and boost its development, inter alia through the autonomous lifting of restrictions on investment and the liberalization of trade in goods and services, greater integration into and embeddedness in the region, and intensified engagement at the multilateral level, not least in the WTO. The country’s ongoing process of economic transformation encompasses and builds on interconnected elements, including diversification, modernization, liberalization, facilitation and sustainability.

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