Военная хунта продлила чрезвычайное положение в Мьянме на 2 года 24tv.ua - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 24tv.ua Daily Mail and Mail on Sunday newspapers.
UK announces sanctions on gemstone company linked to the military regime in Myanmar
Foreign Secretary Dominic Raab announces sanctions on Myanmar Gems Enterprise (MGE), a state-owned enterprise under the military junta’s control.
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Foreign Secretary announces new sanctions against Myanmar Gems Enterprise
the move will deprive the junta of a key source of funding – the gem trade is a multi-billion dollar business for Myanmar
the UK has already sanctioned senior Myanmar military officers and their economic interests following February’s military coup
Foreign Secretary Dominic Raab has announced additional measures targeting the Myanmar regime today (17 May) with new sanctions imposed against Myanmar Gems Enterprise (
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Myanmar Junta Reaps Millions in Gem Sales as Economy Crumbles
A buyer examines a piece of jade at a gems market in Mandalay, Myanmar, in March 2019. Photo: IC Photo
(Nikkei Asia) Fresh economic data from private research groups suggest that Myanmar’s economy is deteriorating more sharply than feared after the Feb. 1 coup, with heightened risks of soaring inflation, collapsing trade and increased poverty.
At the same time, recent days have seen a remarkable display of the military’s grasp on Myanmar’s natural resources, with a multi-million dollar, 10-day auction of gems, jade and pearls in the capital, Naypyitaw.
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