“Tom Lantos Block Burmese
JADE Act of 2008” Takes Effect


Government Regulations Prohibit
Importation of Jadeite and Rubies
from Burma into the United States

 

President Bush Issues Proclamation

 

Non-Burmese Jadeite and Rubies Can be Imported into the US Using New Customs Tariff Codes

New York City — September 29, 2008 — Effective today, the “Tom Lantos Block Burmese JADE Act of 2008” takes effect.  Jadeite and rubies of Burma origin cannot be imported into the United States.  This importation ban encompasses all Burmese origin jadeite and rubies, notwithstanding “substantial transformation” in Thailand or elsewhere.   Burma is also known as Myanmar.

U.S. Customs and Border Protection have issued new Harmonized Tariff System codes for all non-Burmese rubies and jadeite imported into the U.S.  Shipments of rubies and jadeite from these non-Burmese sources must use these codes when entering the U.S. 

For a detailed list of these new codes
(in PDF format), please click here.

President Bush issued a proclamation stating that various US government agencies, including Homeland Security, Customs, State, Treasury and the US Trade Representative would take up the implementation of various requirements of the Act.      

The importation ban does not apply to Burmese jadeite or rubies that are imported for personal use, meaning for personal wear by the importer.  Further, the bill does not address US sales of any inventory of Burmese jadeite or rubies currently in the US.  US jewelers can to sell existing inventories of Burmese jadeite and rubies already in the US.

Said Cecilia Gardner, JVC president, CEO and general counsel, “The ‘Tom Lantos Block Burmese JADE Act of 2008’ has serious and long-term impact on US jewelry manufacturers who import jadeite and rubies.  Use of the new Customs Codes should begin immediately for all imports from non-Burmese countries of ruby and jadeite.  JVC will continue to monitor developments with the agencies working to develop import instructions for non-Burmese ruby and jadeite to inform the trade on further implementation details.”

Visit JVC’s website, www.jvclegal.org, for late-breaking news on the “Tom Lantos Block Burmese JADE Act of 2008,” along with other important legal compliance information and JVC products and services.

Jewelers Vigilance Committee, founded in 1917, is a not-for-profit legal trade association fulfilling its mission to maintain the jewelry industry’s highest ethical standards. JVC offers dispute mediation and arbitration services for trade and consumers, compliance monitoring and precious metals testing, among many other services. JVC, long considered the industry’s guardian of ethics and integrity, is a resource for the entire jewelry industry and its customers as well as an industry representative before government agencies, media and adjunct fields. For more information visit: www.jvclegal.org


#                                                              #                                                              #


 
E-mail This Page


  

Recent JVC News

09/28/08 2008 Burmese JADE Act Takes Effect

08/24/08 BID and Surrounding Areas Seminar in NYC

08/19/08 AML Laws in Foreign Countries

07/30/08 President Bush Signs Burmese Jade Act of 2008

07/23/08 Gardner on FATF for AML Guidelines

07/22/08 FTC Decision on Use of "Cultured"

06/24/08 Seminar for Color Gemstone Sales 

06/24/08 Training for Rough Diamond Traders 

06/04/08 New Eco-Friendly PACK Debuts

05/21/08 New Amendments for Rough Dia Traders


 

Jewelers Vigilance Committee
Does Not Provide Any Form Of Legal Advice.

Copyright © 2006 Jewelers Vigilance Committee · Contact JVC