Myanmar: US Sanctions Block Myanmar's Gemstone Exports

Feb 17, 2021 | John Jeffay, IDEX
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US President Joe Biden has blacklisted three gemstone companies in Myanmar because of their links with military regime that ousted state counsellor Aung San Suu Kyi as leader earlier this month.  The country produces 90 per cent of the world's high-end rubies, many of its most expensive sapphires, and it supplies China with much of its jade.