Myanmar again approves import of second-hand equipment

The Ministry of Commerce of Myanmar issued an announcement on May 22 stating that in order to promote the development of the manufacturing industry, including small, medium and micro enterprises, increase production capacity and reduce costs, it will continue to implement the measures started in 2015. Second-hand equipment import policy. Second-hand equipment is only allowed to be imported by sea. It must be produced by industrially developed countries using modern technology, obtain environmental certification, and be able to increase production capacity. The equipment must be used for less than 10 years and must be accompanied by an invoice, sales contract, brand name, and machine power. , production date, country of origin, operating status, pre-shipment inspection certificate, etc. If small, medium and micro enterprises intend to apply to import second-hand equipment that has been used for more than 10 years, they must first obtain approval from the Industrial Supervision and Inspection Department. The announcement also emphasized that second-hand equipment does not include refrigerators, air conditioners, washing machines, copiers, televisions and other home appliances that have nothing to do with manufacturing. Import policies are determined based on factors such as domestic market conditions and market demand, and will also be adjusted based on actual conditions.