Myanmar on Canada Goose Online road to change
Years of isolation and trade crippling sanctions have left Myanmar streets with one of the world oldest vehicle fleets, dominated by wheezing Japanese cars from canada goose store the 1980s or older. Among them is an overhaul of antiquated car import rules that could canada goose clearance clear its pockmarked streets of jalopies. government for Clunkers trade in incentives in 2009, cars 30 to 40 years old or older with eligible license plates can be exchanged for scarce permits to import newer models built no earlier than 1995.
The new rules, which came into effect on https://www.canadagooseonlineshop.co.uk September 19, have shaken Myanmar car market. Demand has surged for old cars that can canada goose be swapped for import permits, such as the blue 1960s era Mazda B 600 driven by taxi driver Aung Gyi, canada goose coats 32.
owner of my taxi Mazda B 600 handed it over to the government on Sept 20 and I been out of a job ever buy canada goose jacket since, he said. Dozens of other taxi and bus drivers in Yangon, the canada goose clearance sale country biggest city, are now similarly jobless, he added.
Buyers of the old cars then use the permit to purchase a newer model, or sell it on.
As part of the reforms, a Commerce Ministry official said showrooms would open in major cities to sell new and 2018 canada goose outlet second hand Canada Goose Coats On Sale cars from Japan, South Korea and neighboring countries such as Thailand a manufacturing hub for the top producers.
these things will happen one after another very soon. and European models would follow if Western sanctions are lifted. President Barack Obama hailed of progress in Myanmar and asked Secretary of State Hillary Clinton to visit the resource rich country neighboring China next week. She will be the canadian goose jacket highest ranking American to do so in more than canada goose coats on sale 50 years.
Washington has demanded Myanmar release more political prisoners, make peace with armed ethnic minorities and demonstrate credible buy canada goose jacket cheap elections before it can consider easing sanctions imposed in response to years of human rights abuses.
But, in recent Canada Goose sale weeks, signs of progress on those fronts mark the most dramatic changes in the former British colony since the military took power in a 1962 coup when it was known as Burma.
will come down very soon, I predict, Nay Zin Latt, canada goose black friday sale a businessman and official political adviser to President Thein Sein, told Reuters on the sidelines of a canada goose outlet store locations recent regional summit in Bali, Indonesia.
MIDDLE CLASS Not only new cars are scarce. Car showrooms, too, are a rarity. And for many Burmese, so is the money to buy them.
Shiny new cars from smuggled European sports models to fancy SUVs purchased with coveted import permits have canada goose outlet toronto factory traditionally been the privilege of the generals who ceded power to a nominally civilian parliament in March.
They and their business cronies have lived lavishly while a third of Myanmar population toil in poverty, according to World Bank statistics.
The latest rules, however, would help meet the aspirations of a middle class, a senior Transport Ministry official said.
People push an old canada goose deals taxi towards the vehicle license office, to exchange it for permit to import a newer car, in Yangon September 29, 2011. REUTERS/Soe Zeya Tun
He said the rules could also slow the rise of the local kyat currency, which trades in the unofficial parallel market that reflects most transactions in the country at about 760 to the dollar, up from about 850 in May.
The surge reflects higher sales of natural gas, jade and gems, and a rise in foreign investment from China. dollars to finance them, the official said.
The government has expressed concern over the rising currency, aware Canada Goose online that bread and butter issues can turn violent in Myanmar. The Canada Goose Jackets biggest and bloodiest uprisings against military rule, in 1988 and 2007, were sparked by discontent over soaring fuel prices and inflation.
ANOTHER CUBA The rusting rattletraps on Myanmar streets draw parallels to another sanctions blighted country, Cuba, where canada goose replica classic American cars from the 1950s and 1960s dominate the roads but where change is also in the air.
In September, just as Myanmar reforms were gathering pace, Cubans were granted cheap Canada Goose the right to buy and www.canadagooseonlineshop.co.uk sell cars for the first time since the 1959 revolution.
Myanmar reforms are expected to accelerate. The rule allowing replacements for 40 year old cars was followed by a similar move for 30 to 40 year old cars, and 20 to 30 Canada Goose Outlet year old vehicles are Canada Goose Parka likely to be next.
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Newer imported vehicles must have been built in 1995 at the earliest and there a hefty 165 percent in combined taxes. So a car worth $5,000 sells at a sticker price of $13,250.