Campaigners welcome reforms to the $31bn industry, long tainted by abuses, but say only a new legal framework can bring change.
A Pulsing Market
A sudden hike in Myanmar's bean prices has baffled some farmers as demand from India surged this week. Agriculture still employs more citizens than any other sector and accounted for USD 1.2Bn or 10% of the country's exports in 2014. Of this, the vast majority is from pulses to India, accounting for 77% of Myanmar's total agricultural exports:
One in every three beans produced globally is eaten in India, making the country by far the largest pulse consumer in the world. The trade routes from Myanmar to their western neighbour have remained active since the British colonial era, and continue to thrive today.
The sector has huge potential as agricultural technology improves, and with increasingly easier access to finance, the bean counters could be in for a treat.