Myanmar is currently drafting its first Competition Law in her history. This effort is part of its process to open its economy. The newly created Department of Commerce and Consumer Affairs of the Ministry of Commerce is the focal point for drafting Myanmar’s future competition policy.
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Group discussion on the topic of consumer rights
Recently, the Ministry of Commerce, and FNF jointly organized a 5-day training on Competition Policy in Nay Pyi Taw. It was the first time such training supported by FNF took place in this ministerial compound and it turned out to be very successful. FNF invited two experts from Chaing Mai University and 23 persons from different government agencies attended the training. Prof. Yee Yee Than from Yangon Institute of Economics also participated in the training and hailed it from professional perspective.
Market principles, concepts of competition and consumer rights were the main components of the training. All topics received a high amount of attention and very active participation from the participants.
“Because of this training, we now can review the draft competition law to be aligned with international standards before sending it to Parliament,” said Ms. Zar Ni Tin, Assistant Director from Union Attorney General Office. The most encouraging feedback from all of the participants was that they would apply the learning in their respective works regardless of which department they came from.