Countries and regions
Currently, bilateral relations are framed by the Council Conclusions of 22 April 2013, the Council Decision of 22 April 2013 as well as by the Comprehensive Framework of 22 July 2013 for the European Union's policy and support to Myanmar/Burma
- EU imports from Myanmar/Burma are dominated by clothing and agricultural products.
- EU exports to Myanmar/Burma are dominated by machinery and transport equipment.
EU-Myanmar "trade in goods" statistics
|Year||EU imports||EU exports||Balance|
EU and Myanmar/Burma
EU re-opens its market to Myanmar/Burma
- GSP preferences for Myanmar/Burma have been reinstated on 19 July 2013, with retroactive application as from 13 June 2012, thereby granting Myanmar/Burma duty-free and quota-free access to the EU market except for arms and ammunition.
As a Least Developed Country (LDC), Myanmar/Burma benefits from the most favorable regime available under the EU's Generalised Scheme of Preferences (GSP), namely the Everything But Arms (EBA) scheme. The Everything But Arms scheme gives the 50 Least Developed Countries - including Myanmar/Burma - duty free access to the EU for export of all products, except arms and ammunition.
Myanmar/Burma was reinstated into the GSP tariff preferences on 19 July 2013, in response to the process of political and economic reform since 2011 and following the decision by the Conference of the International Labour Organisation to suspend its restrictive resolution on Myanmar in June 2012. These preferences had been temporarily withdrawn since 1997 due to violations of the principles of the ILO convention on forced labour.
Myanmar/Burma and ASEAN
Myanmar/Burma is one of the 10 members of the Association of Southeast Asian Nations (ASEAN). The countries as a group are the EU's third largest trading partners outside Europe, after the United States and China.
The EU co-operates closely with the ASEAN region as a whole. Co-operation is maintained through the EU-ASEAN Dialogue which includes discussions on trade and investment issues at ministerial and senior economic officials level.
Trading with Myanmar/Burma
- Rules and requirements for trading with Myanmar/Burma
- The EU is present on the ground in Myanmar/Burma
- Trade relations are part of the EU's overall political and economic relations with Myanmar/Burma
- Myanmar/Burma is a member of the World Trade Organisation