Abstract

• After 2011, Myanmar has undertaken a series of political, economic and administrative reforms. Regarding economic reform, Myanmar initiated policy reforms of anti-corruption laws, currency exchange rates, foreign investment laws and taxation. Myanmar’s reform offer good opportunities for the country’s economic development through friendly relations with neighboring countries including the Republic of Korea (ROK). Economic cooperation between Myanmar and ROK has increased gradually since 2011. The question raise by the paper is “what extent Myanmar’s reform since 2011 has contributed to the improving state-level relationship between Myanmar and ROK, how it effects on economic cooperation?”The purpose of the paper is to emphasize on how economic cooperation between Myanmar and ROK contribute to Myanmar’s transition. The paper includes three main points. First section illustrates the new arrangements of Myanmar’s economic reform. Second section highlights on economic cooperation between Myanmar and the ROK. The last section points out the increasing factors of economic cooperation between Myanmar and the ROK.