Wednesday, 2 January 2013

Myanmar parliament to approve some important laws in next session

Myanmar's parliament has earmarked some important laws to be approved in the sixth session of the parliament set for Jan. 9, official media reported Wednesday.

These laws include a new national plan, a national budget, a taxation law, a Special Economic Zone Law, a national investment law and other important pieces of legislation, Speaker of the House of Representatives USwe Mann was quoted by the New Light of Myanmar as saying.

On Tuesday's coordination meeting in preparation for holding the forthcoming parliament session in Nay Pyi Taw, USwe Mann called on every stakeholder and citizen to participate in legislation.


Myanmar's parliament is made up of two Houses -- House of Representatives (Lower House) and House of Nationalities (Upper House).

During the last session of the parliament from Oct. 18 to Nov. 22, the parliament passed three laws and enacted a new foreign investment law.

Three revoked laws are 1964 Myanmar Five Star Shipping Corporation Law, Land Confiscation Act related to mines and Public Services Protection Act.

The parliament also approved the government's proposed signing of nuclear non-proliferation treaty with the International Atomic Energy Agency (IAEA) and supplementary agreements and proposed establishment of diplomatic relations with Iceland which had been done on Dec. 19.

source: Global Times
http://www.globaltimes.cn/content/753317.shtml

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...