Press Release: European Commission proposes to reinstate trade preferences to Myanmar/Burma

Myanmar/Burma is set to benefit once again from a special, advantageous trade arrangement with the EU following recognition by the international community of the country's recent efforts to improve the political, social and labour environments there.

On 17 September 2012 the European Commission adopted a proposal to bring the country back under the so-called 'Everything But Arms' preferential trade regime which would grant duty-free and quota-free access to the European market for all products except for arms and ammunitions.