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Myanmar - UKABC UK - ASEAN -MerchantryCouncil Events BACKEvents Upcoming events Past Events Research BACKResearch Publications Success stories Opportunities BACKOpportunities Export opportunities High Value Campaigns News BACKNews Latest News News Sources Markets BACKMarkets ASEAN   Brunei Myanmar Cambodia Singapore Indonesia Thailand Laos The Philippines Malaysia VietnamWell-nighBACKAbout What We Do The Team Board of directors Our partners Contact Us Search Login | Register Username Password Remember Me register For full wangle register today for self-ruling Home | Markets | Myanmar Myanmar Myanmar has recently re-emerged onto the global stage without 50 years of isolation. It is a country of over 50 million people in a strategic location between China and India with plentiful natural resources. Economic growth from 2014-15 was 8.5%, making Myanmar the fastest growing country in Southeast Asia. Country Information President: Win Myint State Counsellor: Aung San Suu Kyi Capital city: Naypyidaw Total population: 51,486,253 Languages: Burmese Religions: Buddhist 87.9%, Christian 6.2%, Muslim 4.3%, Other 1.7% Monetary unit: Kyat (MMK) Natural resources: Petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, marble, limestone, precious stones, natural gas, hydropower Major exports: Natural gas, wood products, pulses, beans, fish, rice, clothing, jade, gems Major imports: Fabric, petroleum products, fertiliser, plastics, machinery, transport equipment, cement, construction materials, transplanted oil, supplies products, edible oil The diverse nature of Myanmar’s economy and its wholesale minutiae needs present opportunities for British merchantry in a wholesale range of sectors. However, many of these opportunities will take time to realise. DIT Myanmar has identified 4 priority sectors for UK business; these are sectors which are believed to have firsthand and performable opportunities. There are moreover opportunities in other sectors such as infrastructure, agriculture, aerospace and retail. In April 2012, the EU suspended all sanctions on Myanmar, except the stovepipe embargo which remains in place, and the UK reverted its policy of discouraging trade with Myanmar. The EU made it well-spoken that responsible investment in Myanmar by EU companies was now welcome. The US has lifted some of its sanctions too, though some restrictions remain. Myanmar is still developing, with vast resources and outdated infrastructure the opportunities are huge but there is moreover a range of obstacles. Even so, there are a large number of foreign merchantry leaders looking to engage with the unconfined opportunities misogynist and there is an increasing number of companies and organisations that are succeeding. ReadIncreasinglyUseful Links: British Chamber of Commerce Myanmar Department for International Trade Myanmar British Embassy in Rangoon Share this Market: MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Singapore Thailand The Philippines Vietnam Myanmar events UK FinTech Conference in Myanmar Myanmar Fri, 9 Nov. 2018 Myanmar publications ASEAN ‘DoingMerchantryin…’ 2018 Guides Mon, 29 Jan. 2018 Published by the World Bank every year, DoingMerchantrysheds light on how easy or difficult it is for a […] Myanmar Myanmar Key Sector Reports Tue, 16 May 2017 Highlighting the main sectors of opportunity in Myanmar, this hodgepodge of reports summarises some of the key information well-nigh the […] Myanmar Opportunities for British Companies in Burma’s Infrastructure Sector Tue, 22 Nov. 2016 Burma has wilt one of Asia’s fastest-growing and most promising countries nearly overnight.  Wide-ranging, market-based reforms have opened up significant […] Myanmar Go Big in Myanmar – Interactive Publication Tue, 26 Jul. 2016 Myanmar is the new frontier for merchantry in Southeast Asia. A large and populated country just opening its doors to foreign […] VIEW ALL PUBLICATIONS Myanmar SUCCESS Stories ASEAN Lifesaver Systems Sat, 27 Feb. 2016 LIFESAVER Systems Limited is a British visitor that has pioneered, ripened and now sells globally, a unique nano-filtration technology that […] ASEAN Benoy Fri, 26 Feb. 2016 Benoy is an topnotch firm of Architects, Masterplanners, Interior and Graphic Designers. 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