NES Myanmar

STRATEGY SUMMARY - NES Myanmar

Introduction

The National Export Strategy (NES) provides Myanmar with a detailed framework and decision-making instrument to guide the country’s trade development and boast its export competitiveness. It outlines concrete, market-based solutions to address competitiveness constraints affecting Myanmar’s competitiveness in global markets. It is the NES’s vision to create “sustainable export-led growth, leading to prosperity for an emerging Myanmar.” 

The NES provides a targeted plan for Myanmar to effectively allocate resources (financial, technical and institutional) to specific trade development priorities. In doing so, the NES aims to stimulate the country’s trade and export sector, creating jobs and contributing to the overall socio-economic development of the country. The NES goals of export competitiveness and diversification are guided by the following strategic objectives: 

  • Fostering sustainable, inclusive and equitable export-led growth
  • Ensuring a consistent, predictable and transparent policy, legal and regulatory framework
  • Developing competitive, diversified and branded exports
  • Building enabled and supportive institutions to respond to exporters' diverse needs
  • Expanding and building physical trade infrastructure 

The Myanmar public and private stakeholders involved in the design the NES selected 7 priority sectors for export development. These sectors are considered to hold the most potential to contribute to Myanmar economic and social development: Textiles and garments, Forestry products, Beans, pulses and oilseeds, Rice, Fisheries, Rubber, Tourism.

Priority focus across the sectors. Myanmar’s private sector is generally constrained by a limited financial intermediation, policy fragmentation and weak trade support infrastructure. The cross-sector strategies of the NES focus on improving the overall business environment for Myanmar enterprises. These strategies are critical for the economic future of Myanmar. These include: Access to finance, Quality management, Trade facilitation and logistics, Trade information and promotion.

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