Problems relating to Trade and Investment on Myanmar
24. Indigested legislation, abrupt changes |
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Issue |
Issue details |
Requests |
Reference |
(1) Inadequate implementing regulation on the Scheme concerning SEZ | - In January 2014, new special economic zones law No. 1/2014 was promulgated provided, however, that official announcement of its implementing rules remains pending. More often than not, it so happens that the implementing rules and notices already established, nevertheless, remain unpublished. | - By right, implementing rules are due to publication within 90-days of the law promulgation date. It is requested that GOM takes step to release its implementing rules as soon as possible. - It is requested that GOM makes available English translation simultaneously with the promulgation of laws, notices, etc. |
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(2) Delays in preparation of English Translation on Investment Procedural Documents | - Preparation lags behind on the English version of investment related documents. | - It is requested that GOM prepares English version of the related documents. | |
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