The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed sanction on Myanmar Ruby Enterprise, Myanmar Imperial Jade Co, and Cancri Gems and Jewellery Co following the recent military coup in Myanmar. I don't think the sanctions will work in Burma, especially with gems. Ask the Chinese and Thais.
P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
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Showing posts with label Myanmar Ruby Enterprise. Show all posts
Showing posts with label Myanmar Ruby Enterprise. Show all posts
Friday, February 12, 2021
OFAC Places Sanctions On Three Burmese Gem Companies
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