Myanmar

Myanmar has unveiled its first National Export Strategy to strike a balance between imports and exports. Working in conjunction with the World Trade Organization (WTO) and the UN’s International Trade Centre, the 5-year plan aims to increase productivity and value addition in several export-oriented sectors, including textiles and garments, and normalize export procedures around the country. The plan will include the public publication of data and history for all of the country’s exported products. (Myanmar Times)
 
Representatives of more than a dozen European brands recently visited Myanmar as part of a trade visit organized by SMART Myanmar to discuss implementation of the country’s new garment industry Code of Conduct. Following the meeting, the Myanmar Garment Manufacturers Association (MGMA) praised the productivity of the gathering and committed to implement several ongoing activities to ensure that the code is implemented properly. The group also said it would focus on improving the industry’s management systems instead of just focusing on single issues. (Fibre2Fashion)