Myanmar: Jade Producers Hope to Get a Boost from Access to US Market

Oct 18, 2016 | Chan Mya Htwe, Myanmar Times
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In terminating economic sanctions against Myanmar on October 7, the executive order signed by US President Barack Obama has opened the way to the resumption of the jade and gems trade between the two countries. The abolition of the International Emergency Economic Act renders all related US legislation null and void, including the ban on importing Myanmar jewellery, jade and rubies, as well as on banking and revenue transfer transactions.