BD-Burma Relations

[idune]

I had almost ignored this post, till i read the underlined sentence. Economist will faint , shall one , read your theorem.

Coming to your point, Fine, What goods, that you manufacture, that we do not produce locally, are we talking about here mister?

Waiting for your answer.

First you are not even qualified to have trade and export discussion because you dont even know what Bangladesh export and what actually india does.

Second, india dont even allow goods bangladesh produce and had been preventing export by imposing tariff, para teriff and non teriff barrier.

Third, this thread is about BD Burma relation ,what this has to indian poking into Bangladesh business and derailing the thread?

 

[idune]

Let's reset the discussion to the BD-Burma relation and purge all indian interference.

Bangladesh can explore

1) Build road and rail link and make Burma more active trade partner
2) Contract farming in Bumese land
3) Invest in hyro electric project and import electricity
4) Import gas

 

[Stumper]

you dont even know what Bangladesh export and what actually india does.

Your exports .......garments,Jute, food, tea, bicycle,hmmmmmmmm ..Card's & Calendar's.. sorry cant think of anything more..... What more do you guys export?

Second, india dont even allow goods bangladesh produce and had been preventing export by imposing tariff, para teriff and non teriff barrier.

Atleast dont lie. We have gone out of the way to remove non tariff barrier's. Duty free access to positive list. Shrinking negative list (import duty also reduced to 10% specially for BD). Again, this is unilateral move by India.

Since you are so fond of telling lie's about barriers being imposed by India.....Please Mr.Idune, let me know what business discounts has BD provided to us?

Third, this thread is about BD Burma relation ,what this has to indian poking into Bangladesh business and derailing the thread

?
Advice this to your kin here. They started this (as usual .... if nothing .. bring in India .. easy scape goat for one's short coming).

 

[TopCat]

Your exports .......garments,Jute, food, tea, bicycle,hmmmmmmmm ..Card's & Calendar's.. sorry cant think of anything more..... What more do you guys export?


Atleast dont lie. We have gone out of the way to remove non tariff barrier's. Duty free access to positive list. Shrinking negative list (import duty also reduced to 10% specially for BD). Again, this is unilateral move by India.

Since you are so fond of telling lie's about barriers being imposed by India.....Please Mr.Idune, let me know what business discounts has BD provided to us?


?
Advice this to your kin here. They started this (as usual .... if nothing .. bring in India .. easy scape goat for one's short coming).

You have a negative list of 700 products. This negative list idea is one of weirdest thing I knew of and is a Indian invention. We xport not more than 20 products as like many other countries and in Indian market they are mostly hanging around in those negativity.
Battery, glass, pharmaceuticals, cements, footwear, ceramics, melamine those came under strict Indian para tariff barriers. What amazed me, India imposed anti dumping on our battery and glass ... Anti dumping..!!!!! like our Industry is like giant Sony, which could throw away billions to kill all inidan products out of their market.

Are'nt you amazed yet Stumper? Our Zamdani Saris, Tangail Bootics cant get to Indian market, infact they are banned. We got small openings to export some garments which are also Quantity restrictive. We export, our pharam products in all the south asian countries except India. Our pharma products are exported in more than 54 countries. I can go on for ever Stumper... just tired now.

 

[fallstuff]

Your exports .......garments,Jute, food, tea, bicycle,hmmmmmmmm ..Card's & Calendar's.. sorry cant think of anything more..... What more do you guys export?


Atleast dont lie. We have gone out of the way to remove non tariff barrier's. Duty free access to positive list. Shrinking negative list (import duty also reduced to 10% specially for BD). Again, this is unilateral move by India.

Since you are so fond of telling lie's about barriers being imposed by India.....Please Mr.Idune, let me know what business discounts has BD provided to us?


?
Advice this to your kin here. They started this (as usual .... if nothing .. bring in India .. easy scape goat for one's short coming).

There is this movie , "Slum Dog Millionaire" . Tell me Stumper it aint so.
I almost threw up watching that movie. Do people live like that in India ? How many ? 10% ? 20% ? 30% ? 40% ? 50% ? If people live like that India , I hope they do better in the future. I do get a certain condescending tone in your post . Wise men say " Do not throw rock from a glass house."

 

[Contrarian]

You have a negative list of 700 products. This negative list idea is one of weirdest thing I knew of and is a Indian invention. We xport not more than 20 products as like many other countries and in Indian market they are mostly hanging around in those negativity.
Battery, glass, pharmaceuticals, cements, footwear, ceramics, melamine those came under strict Indian para tariff barriers. What amazed me, India imposed anti dumping on our battery and glass ... Anti dumping..!!!!! like our Industry is like giant Sony, which could throw away billions to kill all inidan products out of their market.

Are'nt you amazed yet Stumper? Our Zamdani Saris, Tangail Bootics cant get to Indian market, infact they are banned. We got small openings to export some garments which are also Quantity restrictive. We export, our pharam products in all the south asian countries except India. Our pharma products are exported in more than 54 countries. I can go on for ever Stumper... just tired now.

Do i need to reiterate that the negative list is being reduced for Bangladesh, apart from reducing/removing a lot of the non tariff barriers.

And negative lists are a reality in a LOT of countries in the world, especially India and Pakistan.

 

[Hulk]

There is this movie , "Slum Dog Millionaire" . Tell me Stumper it aint so.
I almost threw up watching that movie. Do people live like that in India ? How many ? 10% ? 20% ? 30% ? 40% ? 50% ? If people live like that India , I hope they do better in the future. I do get a certain condescending tone in your post . Wise men say " Do not throw rock from a glass house."

I thought people know the difference between movie and reality.

 

[fallstuff]

I thought people know the difference between movie and reality.

The following article is from
Shahrukh Khan says poverty in 'Slumdog Millionaire' is reality - Bollywood News - ApunKaChoice.Com



Shahrukh Khan says poverty in 'Slumdog Millionaire' is reality

Wed, Jan 28, 2009 16:00 IST




Shahrukh Khan has strongly slammed the critics who feel that the Oscar nominated film Slumdog Millionaire tries to sell Indian poverty to the west.

So many voices have been raised against the Danny Boyle directed film. Some say it�s nothing but poverty ****. Others have objected to the use of the word Slumdog, accusing Boyle of insulting people living in slums. But Shahrukh Khan, who has returned from Los Angeles after a movie shoot, defends �Slumdog� fervently.

"Isn't that (poverty and slums) a reality? If you (critics) have a problem with the word slumdog, why don't you look positively and see that there is a word millionaire or 'crorepati' also," Khan told reporters yesterday.

Khan, who has been in the US for many weeks and even introduced �Slumdog� at Golden Globes, says people in the US have gone crazy about the film and its music by A R Rahman .

"I have just returned from the US and people there have become crazy about the film and its music. The film's sound is also good apart from a good story and screenplay. The film deserves all awards," Khan said.

Apparently, Khan was first considered for the role of the game show host that eventually went to Anil Kapoor .

�I don't think I would have done justice to the role of a game show host like Anil Kapoor," SRK said.

================================================== ===================================

Mr. Khan is not just another individual. I think Mr. Khan has a good grasp of reality. Going back to my my question, how many people in India live like that ?

Are are you ashamed to look yourself at the mirror ? Maybe you don't know how many people live like that in India.

I am not sure how much worse living condition can get. More inclined to think that it can not get any worse that that. I am certainly not making fun of those unfortunate ones, forced to live there for the lack of better opportunities. I don't know how to describe the struggles of these people. It is certainly a brave one.


India has come a long way , but there is still quite more to go. I wish you good luck.

Om Shanti My friend.

 

[eastwatch]

EastWatch: Hating India is one thing, wrongly accusing someone, is another.

Let us know which part of Malay's post invoked your "wrath".

Military has nothing to do with taking a country seriously. Maldives, Bhutan have no military to speak of, yet India rushes to help those countries with any problems they have. Infact India also gifted a newly commissioned Naval patrol vessel to Maldives, Islander Aircraft to Myanmar etc.

Point being to help countries that have good relations with India.
Have you not read the recent articles how India is more than willing to offer unilateral concessions and work out problems with Bangladesh.

@Stumper

Note the patronizing tone of Malaymishra in the paragraphs I have cited above. No BD citizen would like this kind of tone. India shows this attitudes to all the countries except Pakistan, because it can kick back.

So, I said India does not have to help us. But, if India wants to prove its worth as a rich(er) country, then it should import more finished goods from BD. Instead, it exports $3000 million worth of goods and imports only $400 million.

It proves that Indians are producing the same low-end products that BD is also producing. In fact, these two countries are competing against each other in the western market with similar goods.

A rich country is supposed to produce mostly high value added products and the poor developng countries would export their low valued goods. You can see this relationship between USA and BD. But, in case of BD and India it is just opposite. It only shows that India is not a developed country that some Indians prefer to portray.

What concessions Indians are contemplating? We want back our sea and land territories stolen by India. It certainly cannot be called a concession.

 

[idune]

Bangladesh-Myanmar Contract Farming: Opportunity For Bangladesh To Meet Agricultural Shortfall
Muhammad Ashraf Ali Faruk

Bangladesh has close socio-cultural and economical link with Myanmar for centuries. When Bangladesh was a British colony; a huge number of Bangladeshi people mainly from Chittagong and Noakhali migrated to Myanmar. Bangladesh has land border with Myanmar other than India.

Myanmar is a country with an area of 676,577 square kms, while Bangladesh’s area is 143,998 square kms, that shows Myanmar is almost five times the size of Bangladesh. On the other hand, Myanmar’s population is only 47 million, while Bangladesh’s population is around 140 million, that shows Myanmar’s population is one-third of Bangladesh's population. The density of population in Myanmar is 70 persons per square kilometre, while it is 861 in Bangladesh. As such, per capita share of land in Myanmar is 12 times bigger than that in Bangladesh.

Myanmar proposed to Bangladesh to take lease of at least 50,000 acres of land in its Rakhine state for contract farming in a meeting between two countries, held in Myanmar in May 2007. Bangladesh responded to Myanmar’s proposal positively and is expected to sign a contract on the matter after making a feasibility study. The land would be leased to produce crops like paddy, onion, maize, soybean, tea, and sugarcane. An rough estimation shows that at least 10,000 Bangladeshi farmers mostly from Chittagong region could be employed through this contract farming. According to a proposal, up to 5,000 acres of cultivable, fallow or wasteland is available for plantation crops, 3,000 acres for fruit gardens and 1,000 acres for seasonal crops for contract farming.

Land tax exemption for a period from two to eight years and income tax waiver for a minimum period of three years is also offered to Bangladeshi private entrepreneurs. Only 12 per cent of total land area is under cultivation in Myanmar and its liberal policy on leasing out lands for setting agro-based industry is indeed attractive. Bangladeshi farmers have innovative knowledge on farming and they will be able to bring a huge expense of Myanmar land under contract farming in future. This will help Bangladesh to ease food crisis that it is facing these days. Bangladesh-Myanmar business promotion council has revealed that Bangladeshi farmers may primarily concentrate on producing three types of agricultural products-paddy, pulse and maize-under contract farming in Myanmar.

At present, China and Thailand have contract farming practices at Myanmar. Thailand is accelerating its agricultural investment in the form of contract farming with neighboring countries that includes Cambodia, Laos, Myanmar, Thailand, and Vietnam. Thailand has taken an operation and investment plan on contract farming from August 2006 to April 2008.

According to the plan, 119 entrepreneurs from Thailand will invest in crop planting on 1.17 million rai of land, or about 468,000 acres, along Thailand’s borders and the inner parts of neighboring countries. A target has been set to import nine crops from the contract farming areas during the period. The crops include maize for animal feed, soybean, Job’s tears (or luk dueai in Thai), eucalyptus, mung bean, peanut, sesame, castor oil, and sweet corn.

Imports to be granted privileges. A total of 46 Thai entrepreneurs took part in the contract-farming project during 2005 and 2006, covering an area of more than 300,000 rai, or over 120,000 acres. They have grown six crops, namely maize for animal feed, sweet corn, soybean, peanut, mung bean, and castor oil. During this period, Thailand imported 7,806 tons of the target crops under the project. Thai Government is expected that the project from 2006 to 2008 will generate job opportunities for a large number of people. It will help develop farming areas, covering more than 400,000 acres, in neighboring countries.

In today’s world developing countries are running after industrialization and urbanization for moving toward development. In 70s and 80s, Bangladesh’s main focus was on agriculture. Like all other developing countries, Bangladesh’s focus is now on industrialization. Though achievement may not be up to the mark, but what the country has lost is its’ agriculture. Booming population is creating unthinkable pressures in country’s land structure. Each year huge amounts of agricultural lands are going under setting up of industries, constructing roads, making housing etc. Think about Korea where most of the lands are mountainous and who considers land is life. But as Bangladesh’s most of the lands are flat, the country is yet to face acute scarcity of lands; however, if these sorts of unplanned land using are not stopped, it’s not far away when the country will have to face problem like Singapore, which is advancing toward sea for lands!

Government is trying to provide various facilities for industrialization and to increase exports. Reducing import structure, special exemption for exemption for machineries and raw materials, duty exemption, drawback and cash incentives for exports are Government’s attempts for accelerating industrialization and trade; however, the country has still many things to do, like providing infrastructure, simplification of Government procedures etc. But very less attention and incentives has been given for agriculture, and now the country is paying for this negligence.

The country has to import rice, egg, beef, onion and what not. Bangladesh’s essential products market depends on import price stability. Recently the country is facing severe price hike penetration of essential food items, like rice and other items. Now the Government is giving importance on agriculture.

Though not panacea, contract farming with Myanmar is a great opportunity for Bangladesh’s agroproducts shortfall. The country should not waste much time for the feasibility studies. Government should proceed immediately to sign a deal with Myanmar. Considering Thai experience, in order to make the program successful, Government should take some measures like providing loans for the prospective farmers, duty free imports of contract farming products etc.

Bangladesh-Myanmar Contract Farming: Opportunity For Bangladesh To Meet Agricultural Shortfall | Asian Tribune

 

[idune]

Dhaka, Yangoon to resume talks on contract farming
Monday, 25 August 2008

Myanmar is expected to send a top-level delegation to Dhaka in October, headed by the junta's second in-command General Maung Aye, to resume talks on contract farming with Bangladesh among other bilateral issues, the foreign secretary said.

General Aye's visit was originally scheduled for August last year, but was delayed due to mass protests against the military regime in Myanmar.

The foreign office is yet to finalise the itinerary of the second in-command of Myanmar's highest governing body—the State Peace and Development Council—but he will meet foreign adviser Iftekhar Ahmed Chowdhury among others during his visit, foreign ministry officials said.

"Myanmar is expected to send a large delegation to Bangladesh in the first half of October, headed by the SPDC's second in-command General Maung Aye," foreign secretary Md Touhid Hossain told bdnews24.com Friday.

The secretary said one of the main aims of the bilateral talks was to discuss contract farming in Myanmar by Bangladeshi entrepreneurs.

He mentioned that Myanmar had previously agreed to lease at least 50,000 acres of land to Bangladeshi businessmen who would invest in cultivation of rice, onions and other agricultural staples. The produce would be sold in Bangladesh.

Bangladeshi contractors would have to employ Myanmar farmers for the farm work; they would only be allowed to employ Bangladeshis if no skilled Burmese were available for specialised jobs, said Touhid.

"If the contract farming deal is signed, we will secure a major source of food procurement," said the foreign secretary.

Bangladesh and its second-largest neighbour Myanmar have agreed in principle in recent years to cooperate in the agricultural sector.

Foreign adviser Iftekhar Ahmed Chowdhury visited Yangon in April last year, to propose to Myanmar policy makers that Bangladeshi entrepreneurs invest in agricultural there.

The Myanmar government responded positively and sent a four-member delegation, headed by its deputy minister for foreign affairs U Kyaw Thu, to Dhaka in July last year.

The Myanmar side at the time informed Bangladesh that the SPDC's second in-command would visit Bangladesh in August to finalise the deal on contract farming and construction of a cross-border highway.

A memorandum of understanding was signed on July 23 last year to connect Bangladesh with Myanmar by a 'friendship bridge'.

Dhaka agreed to finance a 23km road from Taungboro to Bawlibazar in Myanmar while the remaining 120km from Bawlibazar to Kyautaw would be built by Yangon.

The highway will be a key step for Bangladesh to a direct road link to China.

Dhaka, Yangoon to resume talks on contract farming

 

[rajeev]

@Stumper

Note the patronizing tone of Malaymishra in the paragraphs I have cited above. No BD citizen would like this kind of tone. India shows this attitudes to all the countries except Pakistan, because it can kick back.

So, I said India does not have to help us. But, if India wants to prove its worth as a rich(er) country, then it should import more finished goods from BD. Instead, it exports $3000 million worth of goods and imports only $400 million.

It proves that Indians are producing the same low-end products that BD is also producing. In fact, these two countries are competing against each other in the western market with similar goods.

A rich country is supposed to produce mostly high value added products and the poor developng countries would export their low valued goods. You can see this relationship between USA and BD. But, in case of BD and India it is just opposite. It only shows that India is not a developed country that some Indians prefer to portray.

What concessions Indians are contemplating? We want back our sea and land territories stolen by India. It certainly cannot be called a concession.

India - a rich country - where are living, man? India is a poor country where we have about 25% living under poverty aka earning less than $1/day.

India's power projection is because India has large population and growing at spectacular rates despite being democratic.

India had provided unilateral trade concessions to Bangladesh. Bangladesh is yet to reciprocate on similar concessions to India. Unfortunately, India and its neighbors are tied to SAARC. I honestly think if India leaves SAARC and forms another union without Pakistan, we can move much faster.

Just like you have people like idune- who are more crazier than any Indian who you are talking to, don't you think blame goes both ways.

I appreciate the fact that you are now co-operating with us not just for trade and commerce, but also for hunt for terrorists - thank you. But are they not the same terrorists who were living in Bangladesh for so many years. Despite having anti-India govt in Bangladesh at times, and even while allowing terrorists to stay at your place, did India ever threaten or launch any attack?

Whereas some among who talk about greatness of China - it was China which had fought war with most of its neighbors. Did India use its muscle to get any deal from you?

Assame are complaining for a decade that lot of illegal Bangladeshis are taking away the jobs, apart from increasing BSF, what other security measure did it take? Did India ever reject Bangladeshis to visit India legally?

Please have pity on poor Indians as well when you think of allowing all the trade one-way, we have to uplift our people too - my fellow Indians!

From the time I started visiting the site, you would more often finding Indians being more friendly to Bangladesh and more Bangladeshi being hostile, otherwise threatening or RAW-maniac. You cannot clap with one hand!

 

[idune]

Myanmar, Bangladesh join hands to develop hydropower

16 Jul, 2007, 1115 hrs IST, IANS
YANGON: Myanmar and Bangladesh are enhancing cooperation in developing hydropower, seeking to build plants in Myanmar.

Officials from Bangladesh's Power Development Board and Power Grid Company, who visited Myanmar recently, discussed with Myanmar power authorities exploration of feasible sites for building such plants in Myanmar to seek export of electricity to Bangladesh.

The exploration has identified potential sites for the plants in two states in western and northwestern parts of the country, reports said Monday.

In this regard, Bangladesh's Power Development Board said that the identified potential sites for the planned hydropower plants are in Michaung and Lemro areas of Rakhine state and near ethnic Naga Hills in Chin state.

The Bangladeshi power authorities also revealed that they would seek funds from the World Bank and the Asian Development Bank for the prospective projects.

Meanwhile, a giant Myanmar-Thai joint venture hydropower project, which is the 7,110-megawatt (mw) Tar-hsan hydropower project, is being implemented on the Thanlwin River in eastern Shan state's Tachilek. The $6-billion hydropower project, which started last April, is one of the two signed with Thai companies during the past two years.

The Tar-hsan project, which can produce over 35 billion kilowatt-hours (kwh) a year, is implemented by the Myanmar Hydropower Implementation Department of the ministry of electric power and the MDX Group Co. Ltd of Thailand.

Asian Energy: Myanmar, Bangladesh join hands to develop hydropower

 

[idune]

Potentials of Myanmar-Bangladesh business

Ferdaus Ara Begum

THE government is keen to develop the both-way trade between Bangladesh and Myanmar which has all the potentials to grow. But the trade and businesses between these two neighbours have remained at a much lower level than what it should have been. Statistics shows that in 2007-08, export from Bangladesh to Myanmar was $9.584m against $113.87m Bangladesh imported from Myanmar. Unofficial trade, however, plays a significant role because of stringent rules and regulations for official trade.

A number of steps have already been taken to increase the volume of official trade between the two countries. Such steps include signing of a Memorandum of Understanding (MoU) on Account Trade Agreement, MoU on the establishment of a joint trade commission, banking agreement for account trade, agreement on maritime coastal & shipping, MoU for establishing road link, technical task force for road link, financial taskforce etc. But these agreements are yet to be properly implemented.

The main vehicle of trade with Myanmar is the border trade. The agreement on the border trade was signed in 1994 which came into effect from September 1995. Banking facilities of Myanmar are not up to the mark to finance either import or export businesses. They have to rely on their importers for financing their exports. Under the border trade agreement, an importer from Bangladesh can approach the Sonali Bank and the AB Bank to issue a dollar draft maximum to the amount of $10,000 (earlier, it was $5000) in his favour by depositing an equivalent amount of money in the local currency. Upon receiving the dollar draft, the Myanmar Investment and Commercial Bank (MICB) issues a Foreign Exchange Certificate which is encashable in the market at market rate of exchange. The same procedure is followed when goods are exported from Bangladesh.

As the direct communication between Bangladesh and Myanmar through roads and ships is not available, most of the shipment has to be done through Singapore, which is time consuming and costly also. Some proposals to increase road connectivity with Myanmar have remained unimplemented for a long period. The present government has decided to join the Asian Highway. If this is done then road communication with Myanmar and also with China will improve.

Bangladeshi products have demands in Myanmar. Private sector entrepreneurs could not avail of these business opportunities because of rigorous rules and regulations which are a barrier to increased trade. Bangladeshi pharmaceutical products, toiletries, construction materials and jewelry have great demand in the Myanmar market.

Myanmar is endowed with huge natural resources and is rich in agriculture. Rice, timber, precious stones etc., are abundant. Population of the country is about 56 million, including with a large number of migrants. Burma was once the largest exporter of rice in the world. During the British period, it supplied oil through the Burma Oil Company. Once a very rich country, Burma was relegated to the status of an LDC country in 1987 because of political turmoil.

Bangladesh has been trying hard to develop relations with its neighbouring South Asian and South-East Asian countries. Special efforts have been taken to increase its export to Myanmar. Single-country fairs have been organised by the Export Promotion Bureau (EPB) in collaboration with the Ministry of Commerce. Private sector initiatives were also taken for developing business.

The MoU on Account Trade Agreement (ATA) was signed on March 19, 2003. Sonali Bank of Bangladesh and Myanmar Investment and Commercial Bank (MICB) owned by the Union of Myanmar have been designated by their respective governments to handle transactions between the two countries. Forty four items are included from Bangladesh in the ATA which were mostly consumable products while indicative list of exports of Myamnar contains twenty four products which includes mostly consumer plus industrial products. Account Trade Arrangement could not be successful because of its difficult implementation procedures. The Arrangement was renewed in 2005, but there was not a single transaction of export and import. It was then stopped. The opening of LC was simply impossible.

Agreement on Maritime Coastal & Shipping has been ratified by the government of Bangladesh. A coastal protocol has to be signed for inspection purposes, but this has not been completed yet. Bangladesh has inland shipping arrangement with India. A similar type of arrangement with Myanmar can be of great use.

The locational importance of Myanmar is very high. The bilateral trade relation between Bangladesh and Myanmar may play an important role if we want to increase our trade relation with South-East Asia. Myanmar is rich in raw materials and there are big potentials for developing agro- and agro-processing sectors. For all these transport and communication systems have to be developed. Regional cooperation in the field of gas and agriculture can be a good source for the investors.

The system of payment has to be improved to make official trade more active. Myanmar is not a member of International Chamber of Commerce (ICC) and cannot use the benefits of UCPDC. In case any dispute arises, it cannot be settled because these mechanisms cannot be used. Some delegations from the Bangladesh Bank and the Ministry of Commerce visited Myanmar recently . There was a decision to form a joint body with representatives of the central banks of the two countries to resolve these issues through ACU as Myanmar is an ACU member. Attempts are there to resolve some of the payment issues between Bangladesh and Myanmar through the Bangladesh-Myanmar Joint Trade Commission. If both the governments are sincere in taking follow-up actions, bilateral trade may increase in the near future.

Potentials of Myanmar-Bangladesh business

 

[idune]

Beximco expands Myanmar business

Beximco Pharmaceuticals, one of the leading players in Bangladesh is planning a massive market expansion in Myanmar. Taking advantage of the exemptions of 'pharmaceutical product patent' for the least developed countries (LDCs) until 2016, as given by the Doha Declaration of Trade Related aspects of Intellectual Property rights (TRIPs), all the TRIPs signatory countries excepting the 50 LDCs have already implemented 'pharmaceutical product patent' in their respective countries, paving the way to pharmaceutical companies in the LDCs to reap the benefit of Doha Declaration, by exporting medicines in huge volume to the LDCs including Myanmar, a 90 percent import-based LDC in the South East Asia.

Beximco Pharma will also transfer technology and research to the Myanmar drug manufacturers if any company expresses interests. Beximco Pharma started its export and marketing operation in Myanmar in 1997 and has now become a major player in Myanmar pharmaceutical market. The company's strong sales and marketing team in Myanmar is facilitating the marketing and promotional activities effectively to continuously increase the demand of its products. Beximco Pharma is applying for registration of more much needed patented drugs as well as off-patent drugs in Myanmar.

Beximco expands Myanmar business - Chronicle Specials