The objectives of this Law are as follows:- (a) to establish and develop a hundred percent gemstone andss jewellery market within the country in respect of gemstone produced in Myanmar; (b) to permit companies and co-operative societies- to operate freely production and marketing of gemstone in accordance with the market-oriented economic system; (c) to open and maintain gem markets in order to sell gemstone and jewelleries freely at all times: (d) to eradicate illegal production of gemstone within the country and to prevent and suppress taking out unlawfully and sale of gemstone abroad

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