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of the U.S., have shied away from sourcing gems in Myanmar. The sanctions were relaxed after military leaders began a transition to a quasi-civilian, popularly elected government in 2011. banned imports of jade and other precious stones from 2008 to 2016 following a previous crackdown on pro-democracy protests. The sales are usually held three times a year. Official statistics on the gems trade in Myanmar, one of the top sources of jade and rubies, are scarce but previous emporiums netted hundreds of millions of dollars in sales. Separately, it said 317 lots of pearls worth 1.43 billion kyats ($1 million) were sold during the first three days of the emporium, which runs from April 1 to 10. The state-controlled newspaper Global New Light of Myanmar reported that 405 out of 450 lots of jade had been sold by April 7 at the gems emporium for 3.5 billion kyats ($2.4 million). The Treasury announcement noted that the sanctions were not intended to penalize Myanmar citizens, in particular artisanal miners who depend on gem sales to survive. sanctions have also targeted two major military-controlled conglomerates that also have stakes in mining and gems businesses. other military-controlled traders of gems and other precious stones. President Joe Biden sanctioned Myanmar Ruby Enterprise, Myanmar Imperial Jade Co., and Cancri (Gems and Jewellery) Co. At least 598 protesters and bystanders have been killed by security forces since the coup and violence has spread from major cities to provincial towns.Įarlier, the administration of U.S. and other governments have been ramping up sanctions in response to the coup and a deadly crackdown on mass pro-democracy protests. Min Aung Hlaing and Myanmar’s central bank governor were among the dignitaries who visited the opening of a gems, pearls and jade emporium earlier this month in the capital, Naypyitaw. The gems trade is important enough that coup leader Senior Gen. That includes control of permits for mines, collecting royalties and overseas marketing and sales. The company oversees all gemstone activities in Myanmar, also known as Burma, the Treasury Department said in announcing the latest sanctions against the military leaders who seized power in a Feb. jurisdictions and bar American citizens from doing business with it. The sanctions announced Thursday freeze any assets held by the Myanma Gems Enterprise in the U.S. The most recent report from the Extractive Industries Transparency Initiative for 2016-17 found that gems, pearls and jade accounted for 13% of Myanmar's natural resource revenues, with oil and gas accounting for 87%. Use 40% off Leapfrog Learning Games Cartwheel (x10/22) = -$8.“It is imperative that other countries follow suit in sanctioning the key businesses enabling the Myanmar military’s criminal conduct,” said the group's spokesperson, Yadanar Maung. ► Buy (1) LeapFrog Learning Game = $19.99 If you prefer purchasing just one game, check this out:

Leappad 2 games target free#

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