President Obama announced the National Export Initiative (NEI) in his 2010 State of the Union address with the goal of doubling American exports by 2014. U.S. Embassy Rangoon is committed to supporting American companies that are interested in starting or growing their exports to Burma.
Exports of American products are generally permitted under existing law, with the exception of exports of defense articles and defense services destined for Burma. The Embassy strongly recommends that potential exporters consult with local and U.S.-based attorneys as well as the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) OFAC’s website and SDN list prior to engaging in any business in Burma.
Here are a few practical first steps that you can take to evaluate opportunities in Burma:
- Please go to www.export.gov for guidance on how to export.
- Contact your local Small Business Development Center (SBDC). Starting a business can be a challenge, but there is a wide range of help available to you. SBDCs are partnerships primarily between the government and colleges/universities that are administered by the Small Business Administration and that provide education services for small business owners and aspiring entrepreneurs.
- Contact American Chamber of Commerce in Myanmar and the U.S.-ASEAN Business Council to establish connections and gather information to make business decisions.