- Apr 02, 2017
Myanmar Jems and Jade could be sell in the United States and other Western markets
In the US to cancel the sanctions on Burma, including about the role of Jade, Gems and blocked participants will be sold in the United States and other Western markets. US sanctions on Myanmar, President Barack Obama immediately signed, dated October 7, 2016 .
The revocation order, successive American governments imposed on Myanmar by laws such as the International Emergency Economic Law (International Emergency Economic Power Act), 2003 passed the Freedom and Democracy Act (Freedom and Democracy Act), Democracy and military dictatorship in 2008 for anti-prison Tom Lantos BlockBurmese JADE (JADE Act), The resolutions of 1997 (Foreign Operations, Export Financing, and Related Programs Appropriations Act) has played an
This will be canceled.
US imports from Myanmar jade and ruby jewelry with a ban on Myanmar that include banking, money transfer industry with the lifting of all sanctions buffet included jade, a result of this, the country's resource Jewelry for the Chinese market to rely solely on this to the US and Western countries will be able to market and sell a wide currency, would also improve the flow of jade Jewelry community.
"China now rely on a single market, so that western flower black smuggling smoother more comfortable. I think the official has been sent away, you better get on with it." Will be able to produce more finished. Currently stone market rich. Turn on sanctions is expected to recover all ages for. The company has not extravagantly and once will have a deliberate and principled. Must be restrained to avoid killing. Finished product a better country, "jade mining business
Zaw said Russian security.
Myanmar sold in euro currency transactions use the same because they are removing US sanctions will be able to use the US currency banking cash flow will also secretary of the Myanmar Gems Entrepreneurs Association U Tun Said.
In addition, already Myanmar jade, China has bought and sold, but the hinge plate, Sapphire and maintain the resource in the future be able to export to US exports of raw jade cuts down manufacturing shipments will be applied.
Last week, American Jewelry Trade Association (AGTA) and the Ministry of natural resources and environmental conservation meeting on Myanmar Economic Cooperation and Development as a team to follow, according to the OECD said in passing current Not a member of the OECD countries with the technical assistance side. What next November
2016 To purchase visit mid gem exhibition American gems association purchasing will be officially invited to visit the Ministry of resources and environmental control Department of Mines, Director-General U Win Htein said.
Myanmar are sold with a valid license, including jewelry stores, has been sold Local residents in Mogok sale and the sale of international exhibitions in stone on the road, including four slender American international legal purchase, he said. Myanmar's jade market is narrow and
In the future, the US Jewelry Association invited the rock face in the exhibition will be able to sell directly to cash flow in the western Myanmar currency bank transactions will be freed from a situation which could not be entered on the bank payment system can be collected by the State Tax Win Htein said.
Jade Jewelry category removal of US sanctions and export a wide range of sectors with the Government of Myanmar to ensure that the need to amend the rate of export and import policy and customs policy Yangon gem Association vice-president Dr Aung Kyaw Win said.
Harvest the resources that will benefit the majority of the people of the land following gems to develop high-value services to Yangon precious Association Master Plan drafted by the Ministry of Natural Resources and Environment submitted the relevant section. Liberalization, including the Ministry for the central bank, Economic and Commercial Affairs, the Department of Planning and reportedly.
The Master Plan in the manufacturing and export of finished work by the 10-year project in the first three years, 30 out of all the raw materials