US extends ban on Myanmar gems

gem mining
Gem mining in Myanmar

The US on August 7 renewed a ban on the import of gems from Myanmar, mainly rubies and jade, in a bid to choke off a funding source for the powerful military and para-military groups after broader sanctions ended.

“The administration is maintaining restrictions on specific activities and actors that contribute to human rights abuses or undermine Burma’s democratic reform process,” deputy national security adviser Ben Rhodes said in a statement.

President Barack Obama “is taking this step to advance our policy of promoting responsible economic engagement and encouraging reform that directly benefits the Burmese people,” Rhodes added.

The US 2012 in November suspended a ban on imports from Myanmar except gems, but lawmakers pressed to keep the decade-old ban on imports of gems, which often come from Kachin state and other conflict-torn areas.

Myanmar produces some 90 per cent of the world’s rubies. Much of the trade is controlled by the military or separatist armies.

Major buyers for Myanmar gems remain the European Union, Thailand with its huge jewellery industry, and China. The European Union in April 2013 ended all sanctions on Myanmar except weapons sales



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[caption id="attachment_13691" align="alignleft" width="300"] Gem mining in Myanmar[/caption] The US on August 7 renewed a ban on the import of gems from Myanmar, mainly rubies and jade, in a bid to choke off a funding source for the powerful military and para-military groups after broader sanctions ended. "The administration is maintaining restrictions on specific activities and actors that contribute to human rights abuses or undermine Burma's democratic reform process," deputy national security adviser Ben Rhodes said in a statement. President Barack Obama "is taking this step to advance our policy of promoting responsible economic engagement and encouraging reform that directly...

gem mining
Gem mining in Myanmar

The US on August 7 renewed a ban on the import of gems from Myanmar, mainly rubies and jade, in a bid to choke off a funding source for the powerful military and para-military groups after broader sanctions ended.

“The administration is maintaining restrictions on specific activities and actors that contribute to human rights abuses or undermine Burma’s democratic reform process,” deputy national security adviser Ben Rhodes said in a statement.

President Barack Obama “is taking this step to advance our policy of promoting responsible economic engagement and encouraging reform that directly benefits the Burmese people,” Rhodes added.

The US 2012 in November suspended a ban on imports from Myanmar except gems, but lawmakers pressed to keep the decade-old ban on imports of gems, which often come from Kachin state and other conflict-torn areas.

Myanmar produces some 90 per cent of the world’s rubies. Much of the trade is controlled by the military or separatist armies.

Major buyers for Myanmar gems remain the European Union, Thailand with its huge jewellery industry, and China. The European Union in April 2013 ended all sanctions on Myanmar except weapons sales



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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