US extends ban on Myanmar gems

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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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Reading Time: 1 minute

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.

Reading Time: 1 minute

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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