MYANMAR

Looking Back: 2021 and Gazing Into: 2022

Looking Back: 2021

2021 was a year of tumultuous changes in Myanmar due to the ongoing military takeover which started on 1 February 2021. The newly formed State Administration Council ("SAC") introduced many legislative changes, and institutions under the SAC imposed numerous directives to control the economy, particularly in relation to the depreciation of the Myanmar Kyat. 

Gazing Into: 2022

Due to the military takeover in 2021, and a caretaker government being formed instead of a parliament, legislation may be enacted immediately. Similarly, key legal developments cannot be accurately forecast due to a lack of bills being made publicly available. However, it is expected that the Ministry of Commerce will revoke the previous restrictions that are imposed on importation of foreign motor-vehicles.

Furthermore, there are two laws which are expected to be enacted in 2022. These laws are:

• the Private Security Business Law; and

• the Foreign Workers Law. 

Full Report

Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.

• Regional Round-Up 2021: Myanmar

Back to Top Print