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OECD Investment Policy Reviews: Myanmar 2020

image of OECD Investment Policy Reviews: Myanmar 2020

Only six years sets this second OECD Investment Policy Reviews: Myanmar apart from the first review published in 2014, but much progress has occurred in investment policies and related areas in Myanmar in the interim. Nonetheless, the reform momentum needs to be sustained and deepened for the benefits of recent investment climate reforms to be shared widely and for growth to be environmentally sustainable, ultimately contributing toward the Sustainable Development Goals (SDGs). This second review takes stock of recent achievements and assesses remaining challenges in selected policy areas for nurturing an enabling responsible business environment and ensuring benefits are shared with society at large. It places strong emphasis on impact and on how foreign investment can help Myanmar achieve the SDGs and improve the lives of the people of Myanmar.

English Also available in: Burmese

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Investment policy

This chapter assesses the regulatory regime for foreign investors in terms of barriers to entry and operations, as well as the legal frameworks for investment protection and dispute settlement. It compares Myanmar’s FDI regime against regional peers and a global sample of countries, and identifies a number of policy options for consideration by the authorities for improving Myanmar’s attractiveness to foreign direct investment. It also reviews several core investment policy issues – the non-discrimination principle, protections for investors’ property rights and mechanisms for settling investment disputes – under Myanmar law and Myanmar’s investment treaties. It takes stock of recent achievements, identifies key remaining challenges and proposes recommendations to address them.

English

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