Tuesday, December 12, 2017

Sanctions Would Have Little Effect

Gem merchants in Myanmar say that sanctions imposed by some foreign firms are unlikely to have much effect on sales. The bulk of gem sales by far involve jade sold to China where no sanctions are envisioned. From the story: "Myanmar is currently holding another jade and gems emporium in Naypyitaw that will sell 190 gem lots and 6,685 jade lots. More than 2,000 Chinese buyers, 19 Thai buyers and three buyers from Macao have come to the emporium, while only a Canadian buyer has registered to attend." here is the link.

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