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- (-) May 2024
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Exporters and importers continue to face much uncertainty due to the military regime’s foreign currency control policies and continuing conflict between the regime and ethnic armed forces. FAS Rangoon forecasts Burma’s MY 2024/25 rice exports to recover to 1.7 MMT amid high stocks and expected relaxation of export controls. MY 2024/25 corn exports and wheat imports will remain flat.
As part of Burma's ongoing market liberalization, the Ministry of Commerce (MOC) published a notification allowing 100 percent foreign-owned businesses that meet certain criteria....