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THE EFFECT OF TRADE LIBERALIZATION ON MYANMAR FOREIGN TRADE WITH SELECTED ASIAN COUNTRIES

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Written by Mekong Institute

This study examined the effect of trade liberalization on Myanmar foreign trade with selected Asian countries namely Singapore, Thailand and China from 1989-2010. The paper also analyzed trends of foreign trade volume between its major trade partners and the effect of trade liberalization on trade flow with ASEAN Member States (AMS), particularly Singapore and Thailand.

The main objectives of this research are to study the status of Myanmar Foreign Trade after joining ASEAN and to analyze the effect of trade liberalization on Myanmar Foreign Trade. The impact of trade liberalization can be seen as significant and vital to overall exports and imports. Myanmar export/import and volume of trade have increased year by year due to the government practicing a market-oriented system since 1988 and is encouraging the development of the private sector. The government is facing a trade surplus after 2001 due to allowing imports and high export earnings. The government is attempting to uplift participation of the private sector by reducing trade by the government sector. The trade sector which has been liberalized has been performing very well in both exports and imports

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Mrs. Guohua Liu

Director, Sustainable Energy & Environment (SEE) Department

Mrs. Liu Guohua is the Director of the Sustainable Energy and Environment Department at the Mekong Institute. Prior to this role, she worked in the Department of International Economic Affairs at the Ministry of Foreign Affairs of China, where she played a key role in shaping and implementing China’s cooperation strategies with UN development agencies. During this time, Mrs. Liu was actively involved in advancing initiatives related to the Sustainable Development Goals (SDGs), with a focus on climate change and green development. Additionally, she contributed to the evaluation of projects funded by various Chinese initiatives, such as the Global Development and South-South Cooperation Fund, Lancang-Mekong Cooperation Special Fund, etc.

In addition to her work in the Department of International Economic Affairs, Mrs. Liu has an extensive diplomatic background. She spent 7 years in the Department of African Affairs, followed by a 4-year tenure at the Chinese Embassy in Lao PDR, where she gained deep expertise in both Southeast Asian and African affairs. These diverse experiences have played a crucial role in shaping her approach to sustainable development and international collaboration, particularly in building regional partnerships and tackling global challenges like climate change.

She holds a Master’s degree in Economics, with a specialization in Finance, from the Central University of Finance and Economics, and a Bachelor’s degree in Economics, specializing in International Economics and Trade, from the Shanghai University of International Business and Economics.