Ministry of Investment and Foreign Economic Relations (MIFER),The Republic of the Union of Myanmar
INVESTMENT AGREEMENTS
REGIONAL AGREEMENTS WITH INVESTMENT PROVISIONS
Myanmar is a member of the following regional agreements with investment provisions:
- Cooperation Agreement between Member Countries of ASEAN and European Community (1980)
- Framework Agreement on Comprehensive Economic Co-operation between the People’s Republic of China and the Association of Southeast Asian Nations (2002)
- Framework Agreement on Comprehensive Economic Co-operation between the Association of Southeast Asian Nations and the Republic of India (2003)
- Framework Agreement on the BIMSTEC Free Trade Area (2004)
- Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea (2005)
- Trade and Investment Framework Arrangement between the United States of America and the Association of Southeast Asian Nations (2006)
- Agreement on Comprehensive Economic Cooperation Among Japan and Member States of the Association of Southeast Asian Nations (2008)
- ASEAN Comprehensive Investment Agreement (ACIA) (2009)
- Agreement Establishing the ASEAN – Australia – New Zealand Free Trade Area (2009)
- Agreement on Investment under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea (2009)
- Agreement on Investment of the Framework Agreement on Comprehensive Economic Co-operation between thePeople’s Republic of China and the Association of Southeast Asian Nations (2009)
- Agreement on Investment under the Framework Agreement on Comprehensive Economic Co-operation between the Association of Southeast Asian Nations and the Republic of India (2014)
- Agreement on Investment among the Governments of the Hong Kong Special Administration Region of the People’s Republic of China and the Member States of the Association of Southeast Asian Nations (2017)
- Regional Comprehensive Economic Partnership Agreement (2020)
ASEAN COMPREHENSIVE INVESTMENT AGREEMENT (ACIA)
WHAT IS THE ACIA ABOUT?
The ASEAN Comprehensive Investment Agreement (ACIA) came into effect on 29 March 2012 and was signed by ten ASEAN member states. Its objective is to support a free, open, transparent and integrated investment regime in the Association of Southeast Asian Nations (ASEAN) region, in line with the goal of achieving an ASEAN Economic Community by 2015. Furthermore, it is designed to support increasing intra-ASEAN investments and to enhance ASEAN’s competitiveness in attracting inward investments into ASEAN to achieve economic integration under AEC in accordance with the AEC Blueprint.
WHAT IS MYANMAR’S ROLE IN THE ACIA?
Myanmar, as a member state of ASEAN and part of the ACIA, is partnering with the other ASEAN members to implement the four pillars of ACIA:
For further information, please refer to the official website of ASEAN and the Guidebook for Businesses and Investors.
FREE TRADE AGREEMENTS (FTAS) WITH MYANMAR
Myanmar has signed regional Free Trade Agreements (FTAs) with:
- ASEAN-Australia-New Zealand Free Trade Agreement (signed on 27th February 2009and came into force on 10th January 2010)
- First Protocol to Amend the ASEAN-Australia-New Zealand Free Trade Agreement (signed on 2014)
- Second Protocol to Amend the ASEAN-Australia-New Zealand Free Trade Agreement (signed on 2023)
- ASEAN-China Framework Agreement on Comprehensive Economic Cooperation (signed on 4th November 2002)
- Protocol to Amend ASEAN-China Framework Agreement on Comprehensive Economic Cooperation (signed on 6th October 2003)
- Second Protocol to Amend the ASEAN-China Framework Agreement on Comprehensive Economic Cooperation (signed on 8th December 2006)
- Third Protocol to Amend the ASEAN-China Framework Agreement on Comprehensive Economic Cooperation (signed on 19th November 2012)
- Protocol to Amend the ASEAN-China Framework Agreement on Comprehensive Economic Cooperation and Certain Agreements thereunder (signed on 21st November 2015)
- ASEAN-China Investment Agreement (signed on 15th August 2009 and came into force on 1st September 2009)
- ASEAN-India Framework Agreement on Comprehensive Economic Cooperation (signed on 8th October 2003)
- Protocol to Amend ASEAN-India Framework Agreement on Comprehensive Economic Cooperation (signed on 13th August 2009)
- ASEAN-India Investment Agreement (signed on 12th November 20142014 and has not come into force yet)
- ASEAN-Japan Agreement on Comprehensive Economic Partnership (signed on2008)
- First Protocol to Amend on Comprehensive Economic Partnership among ASEAN and Japan (signed on 2019)
- ASEAN-Korea Framework Agreement on Comprehensive Economic Cooperation (signed on 13th December 2005)
- ASEAN-Korea Investment Agreement (signed on 2nd June 2009)
- ASEAN-Hong Kong, China Free Trade Agreement (signed on 28th March 2018)
- ASEAN-Hong Kong, China Investment Agreement (signed on 18th May 2018and came into force on 17th June 2019)
- Regional Comprehensive Economic Partnership Agreement (signed on 15th November 2020)
Bilateral Investment Treaties (BITs) with Myanmar
Currently, Myanmar has ten Bilateral Investment Treaties (BITs) – including:
Singapore | 2019 | Agreement between the Government of the Republic of Singapore and the Government of the Republic of the Union of Myanmar on the Promotion and Protection of Investments |
Israel | 2014 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the State of Israel for the Reciprocal Promotion and Protection of Investments |
Republic of Korea | 2014 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Republic of Korea for the Promotion and Protection of Investments |
Japan | 2013 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of Japan for the Liberalization, Promotion and Protection of Investment |
Thailand | 2008 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Kingdom of Thailand for the Promotion and Protection of Investments |
Kuwait | 2008 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the State of Kuwait for the Encouragement and Reciprocal Protection of Investments |
Laos | 2003 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Lao People’s Democratic Republic for the Promotion and Reciprocal Protection of Investments |
China | 2001 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the People’s Republic of China on the Promotion and Protection of Investments |
Vietnam | 2000 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Socialist Republic of Vietnam for the Promotion and Reciprocal Protection of Investments |
Philippines | 1998 | Agreement between the Government of the Republic of the Union of Myanmar and the Government of the Republic of Philippines for the Promotion and Reciprocal Protection of Investments |