Myanmar allows private companies to import used equipment

Myanmar’s Ministry of Commerce announced that Myanmar will allow private companies to import used equipment in accordance with relevant regulations on the specific condition that the imported equipment must be used for small and medium-sized enterprises, the imported equipment must be maintained and fully operational, and the warranty period must be Within 10 years, with the second-hand equipment supplier's guarantee, at the same time, the imported equipment must be guaranteed within ten years to provide spare parts. When applying for a second-hand equipment import license, it must be accompanied by detailed materials that the imported equipment will be used for in a certain industrial area. If the value of the imported equipment is too high, it must also show the proof of the Industrial Supervision Committee.

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