MYANMAR Garment Manufacturers Associ­ation (MGMA) notified companies and factories to seek CMP import li­cences before the arrival of raw materials, accord­ing to its notification dat­ed 8 June.

Obtaining a CMP import licence takes ap­proximately two weeks. Therefore, calculating the timeline is required to streamline the import process.

The MGMA, on behalf of the CMP Im­port-Export Supervisory Sub-Committee, screens recommendations for CMP import licenses. Ap­plications are processed through the Ministry of Commerce’s Tradenet 2.0 online system.

When applying for import licenses, traders must strictly adhere to the regulations of the ministry; estimate the timeline and seek a CMP import licence to ensure smooth importation of raw materials, ensuring no discrepancies in CIF value, fabric quantities and CMP-FOB value as stated on invoices and sale contracts, HS code alliance and correspond­ing value of raw materi­als and finished products, returning unused import licence. — NN/KK