Will The Ban On Burma Ruby Be Lift By Trump's Presidency?
It's been less than a week when Donald Trump elected as the new President of United Nations of America and the International gemstones federation along with some American citizens have started wondering whether the Ban on Old Burma Ruby gemstones which are mined from some of the Oldest mines in Burma (present Myanmar) like those in Mogok and Mong Hsu regions, will be eased partly or fully by the newly elected Republican President Donald Trump.
The Burmese Freedom and Democracy Act of 2003 & The Jade Act 2008 restricted import of Rubies and Jade stones which are mined in Burma to USA during the rules of George Bush & Barack Obama. Now, since the presidency has changed and the mindset of Trump to 'Make America, Great Again' has started working, the international market of Gemstones is curious to know whether Trump will allow part or full trade of Burmese Ruby in USA. Though it looks like a very tough decision to take, nothing is impossible in today's dynamic world of trade.
People across the globe dealing in Burmese Ruby trade directly or indirectly are thinking loud with all the possible permutations and probabilities in a hope to explore and benefit from the American gemstone market yet again by exporting these rarest of Rubies. But will this be a reality, it's time for all to wait and watch!
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