Last Updated: June 24, 2024

Myanmar Gems Enterprise


Myanma Gems Enterprise


NO.70- 072, Yarza, Thingaha Road, Thapyaygone Ward, Zabuthiri Township, Naypyitaw, Myanmar, WEB[] (Place of registration: Myanmar)

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Official reason

Myanmar Gems Enterprise (MGE) is a state-owned enterprise controlled by the Myanmar Armed Forces (Tatmadaw), responsible for drafting rules and regulations and for supervising and granting permits to local private entrepreneurs, organizing emporiums and special sales for the productive hades and gems sale. MGE operates under the instructions of the...

Other Information

(Date of UN designation: 2021-06-21)

Date of listing


Program information




Restrictive measures in view of the situation in Myanmar/Burma


EU country specific

Target State



Asset freeze and prohibition to make funds available, Restrictions on admission

Sanctions Portfolio

- All assets of the persons and entities listed in Annexes IV of Council Regulation (EU) 401/2013 should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them. The list of persons and entities concerned is included in the Financial Sanctions Database (linked). - Member States shall enforce travel rest...

Official Information

In view of the absence of progress towards democratization and of the violation of human rights in Myanmar/Burma, on 28 October 1996, the EU reaffirmed the restrictive measures already in place, which included an arms embargo, and introduced additional ones, such as travel restrictions and the suspension of high-level bilateral governmental visits ...

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