NGO warns jewellers to check suppliers, says Myanmar’s gemstone mining funds the military

Myanmar’s multimillion-dollar gemstone industry has fallen into the arms of the state military which seized energy in a coup on February 1. Fill in the blanks at the moment are involved that the posh gemstone commerce is funding the military’s bloody crackdown.
Now mining in Myanmar is technically unlawful as all licenses issued by Myanmar’s toppled civilian government expired in 2020, a 12 months earlier than the coup, based on a report by the NGO Global Witness. The NGO says Myanmar is amongst the world’s largest suppliers for rubies and a lot of the supply of the world’s most dear stones.
Here are a few of their key findings…
Rubies mined in Myanmar end up in gemstone markets in Bangkok, Hong Kong, New York, and London. Global Witness says that gemstone companies all over the world must promptly assess their provide chains to make sure they do not seem to be fueling battle, corruption, or state persecution in Myanmar, including that gemstone mining is still unlawful inland..

Leave a Comment