Myanmar Readies for a Competition Law
CHIANG MAI, 4 June 2014 – A training course on Competition Policy and Law (CPL) for senior officials from the Ministry of Commerce (MoC) of the Republic of the Union of Myanmar and other related institutions was held at the Chiang Mai University from 19-29 May. With a view towards improving the understanding about the benefits of fair business competition, the training served to substantiate the ongoing national consultations about the draft competition law in Myanmar.
With reference to regional and international good practices, the training discussed the main provisions of competition laws and considerations for a suitable institutional set-up. It also explained the different roles of the government, judiciary, private sector and civil society in the effective implementation of competition law. Aside from the MoC, representatives from the Attorney General’s Office, the University of Yangon and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) took part in the training. Moreover, the ASEAN Secretariat presented the updates on the progress of the regional cooperation in competition policy in ASEAN.
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