On 26 April, the Council of the European Union decided to extend its restrictive measures against Myanmar by one year. With 103 people and 21 entities, they will run until 30 April 2025 and will continue to provide forassets freezeand oneprohibition on the provision of funds or resources. Persons on this list shall no longer have the right to set foot on Community soil. Moreover,arms embargois maintained as well asprohibition on export of dual-use goodsandrestrictions to export communications surveillance equipment.

More than three years after the overthrow of the government by the Myanmar Army, theandFebruary 2021, Brussels once again wishes to condemn the serious human rights violations still committed in the country.

But for the time being,Burmese products imported into the European Union still benefit from a tariff preferenceunder the Generalised Preferences System (GSP). Recall that Myanmar had long been removed from the GSP beneficiary countries list and recovered this advantage in 2013, thus reintegrating the special regime in favour of the Least Developed Countries (LDCs), with nevertheless some pressure from Brussels which monitors the country's actions and could at any time be a volte-face.

In France, trade with Myanmar increased by 58.7% (or €607 million) in 2022, or much more than with Southeast Asia (+23.7%). Imports of Burmese products to France are almost entirely made up ofManufactured productsTextiles, clothing, leather and footwear (89.7%). Other imports are agricultural and agri-food products (4.9%) and mechanical, electrical, electronic and computer equipment such as telephones and telecommunications equipment (1.4%).

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Source(s): European | Ministry of Economy and Finance

Editor(s): C.BEDOUIN