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Myanmar Cuts Import Tax Benefits, Expands List of Mandatory JVs, Seeks Investors for SEZ

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Myanmar Cuts Import Tax Benefits, Expands List of Mandatory JVs, Seeks Investors for SEZ

New legislation and other actions have seen the Myanmar government expand the list of business activities that require the formation of a joint venture (JV), cut import tax benefits for a variety of businesses, and announced that it is seeking investors for a new Special Economic Zone (SEZ) in Rakhine State.

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