Ms Su Thet Hninn, Assistant Director, Ministry of Commerce in Myanmar
Why this topic?
Myanmar is one of the fastest economies in the region after opening up the market and returning to the international community engagement. Based on the findings of the Rapid eTrade Readiness Assessment for Myanmar by UNCTAD (hereafter referred to as “eTReady report”), the country has unprecedented opportunities to go for the digital economy preceded by the liberalisation of the telecommunication sector in 2014.
Yet, substantial obstacles are in place for entrepreneurs and start-ups. The eTReady report includes data protection and data privacy as barriers to increase the country’s readiness for e-commerce. The existing regulatory framework can be improved by enabling the World Bank’s approach to managing and minimising potential privacy risk by combining ID Enabling Environment Assessment (“IDEEA”) and Privacy by Design (PbD).