Ministry of Commerce (Burma)
| စီးပွားရေးနှင့်ကူးသန်းရောင်းဝယ်ရေးဝန်ကြီးဌာန | |
_seal.PNG) |
|
| Agency overview | |
|---|---|
| Formed | 1948 |
| Jurisdiction |
 Myanmar
|
| Headquarters | Building 3, Nay Pyi Daw, Myanmar |
| Employees | 5512 |
| Minister responsible |
|
| Child agencies |
|
| Website | www.commerce.gov.mm |
The Ministry of Commerce (MOC) is the Burmese government agency plays a vital role in transformation process of the implementation of market oriented economic system. Its Headquarters is located at Building 3 and 52, Nay Pyi Taw, in Myanmar.
Since the time of independence in 1948 up to 1962, the foreign trade had been conducted by the following boards and corporations.
In 1964, the wholesales shops, broker houses, companies, departmental stores and warehouses all over the country were nationalised. In 1965, the Trade Council was established and the following trade organisations had been set up under the Ministry of Trade.
In 1976, in accordance with the economic policy of the Burma Socialist Programme Party the trade organisations had been reformed as follows,
In 1989 to be in line with the changing economic system the Department of Trade was changed as the Directorate of Trade with extended functions and responsibilities. In 1989-90 the following domestic and foreign joint ventures were set up and operated.
In 1992, the Hotel and Tourism Corporation was upgraded to Ministry level and the relevant organisations, the Foodstuff and Beverages Enterprise and Hotel and Tourism Services have been transferred to the Ministry of Hotel and Tourism. In 1993 Company Registration Office, Companies Control Department and the international Organisation Sections (GATT/WTO) under the Directorate of Trade were transferred to the newly established Ministry, the Ministry of National Planning and Economic Development. In 1996 the Ministry of Trade was transformed as the Ministry of Commerce with a view to implement the economic activitiew for the development of national economy. In 1996 the Ministry of Commerce has established the Department of Border Trade and now it is with 10 branch offices at the relevant borders of the neighbouring countries. In 1997 the International Organisation Section including WTO has been retransferred from the Ministry of National Planning and Economic Development to the Ministry of Commerce.
Since 1998, six trading organisations and two service enterprises under the Ministry of Commerce have been abolished. The domestic and foreign joint ventures were also abolished except Myanmar Citizens' Bank Ltd. and Myanmar Inspection and Testing Services Ltd.. The Ministry of Commerce laid down the motto of Advance Forward Through Commerce and it has been conducting various activities for the development of the national economy. The Ministry of Commerce has also restructured the following departments to be in line with the adopted market oriented economy since 1 April 1998.
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