AreaMyanmar

Commodity GroupRice

CommodityAll

Date26/06/2020

Policy CategoryTrade

Policy InstrumentExport restrictions, export quota

DescriptionExtended the validity of rice export licences from 45 to 60 days, while also lifting requirements for exporters to ship 300–500 tonnes in order to qualify for permits. Rice exporters would also only be required to sell the equivalent of 5 percent of their shipments to the Government for its reserve, down from the previous 10 percent, with 150 000 tonnes envisaged to be shipped abroad in July and August 2020, and a further 100 000 tonnes in September 2020. The measures were applicable from 1 July 2020.