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Myanma Gems Enterprise

Sanctioned entity
TypeCompany[sources]
NameMYANMA GEMS ENTERPRISE · MYANMAR GEMS CORPORATION · MYANMAR GEMS ENTERPRISE · Myanma Gems Enterprise · Myanma Gems Enterprise (MGE) · 2 more...[sources]
Other nameMYANMA GEMS ENTERPRISE · MYANMAR GEMS CORPORATION · MYANMAR GEMS ENTERPRISE · Myanmar Gems Enterprise[sources]
Incorporation datenot available[sources]
Legal formPublic/State Owned · State-owned enterprise[sources]
Jurisdictionnot available[sources]
CountryMyanmar (Burma)[sources]
E-MailFamouswin599@gmail.com[sources]
PermID4296323903[sources]
Phone+959262597027[sources]
Previous nameMYANMAR GEMS CORPORATION[sources]
Registration numberT78LRRA6JF53 · T7CLWV2CCNS7 · VGCXR9JJH499[sources]
Unique Entity IDT78LRRA6JF53 · T7CLWV2CCNS7 · VGCXR9JJH499[sources]
Websitewww.mge.gov.mm[sources]
StatusActive[sources]
AddressMyanmar · Myanmar Gems Enterprise, No.70-072, Yarza Thingaha Road, Thapyaygone Ward, Naypyitaw, Myanmar · Myanmar Gems Enterprise, No.70-072, Yarza Thingaha Road, Thapyaygone Ward, Zabuthiri Township, Naypyitaw · NO. 70-072 YARZA THINGAHA ROAD, THAPYAYGONE WARD, ZABUTHIRI TOWNSHIP, NAYPYITAW, MMR · NO.70- 072, Yarza, Thingaha Road, Thapyaygone Ward, Zabuthiri Township, Naypyitaw, MYANMAR · 5 more...[sources]
Source linkgels-avoirs.dgtresor.gouv.fr · permid.org · sanctionssearch.ofac.treas.gov[sources]
Last changeLast processedFirst seen

Descriptions

Type of entity: State-owned enterprise

Belgian Financial Sanctions,

Place of registration: Myanmar

Belgian Financial Sanctions,

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 Ministry of Natural Resources and Environmental Conservation (MONREC), whose Minister has been appointed by the State Administrative Council (SAC). The Myanmar Armed Forces (Tatmadaw), has for a long time held significant jade and gemstone interests, especially through MGE’s leadership, which consists almost entirely of former military officials, and activities conducted by two military conglomerates (Myanmar Economic Holdings Limited (MEHL) and Myanmar Economic Corporation Limited (MEC)). The coup of 1 Feb 2021 has put MGE back under military control, allowing the Tatmadaw to significantly control the gem sector. MGE generates revenue for different department of the Myanmar State and through its various activities described above, the Tatmadaw is able to benefit directly or indirectly from the revenue generated by this sector, therefore contributing to its capabilities to carry out activities undermining democracy and the rule of law and to serious human rights violations in Myanmar/Burma.

Swiss SECO Sanctions/Embargoes,

Place of registration: Myanmar

Swiss SECO Sanctions/Embargoes,

Type of entity: State-owned enterprise

EU Financial Sanctions Files (FSF),

Place of registration: Myanmar

EU Financial Sanctions Files (FSF),

Type d'entité: entreprise d'État. Lieu d'enregistrement: Myanmar/ Birmanie. Myanmar Gems Enterprise (MGE) est une entreprise d'État contrôlée par les forces armées du Myanmar/de la Birmanie (Tatmadaw), chargée d'élaborer des règlements, de superviser les permis et de les délivrer aux entrepreneurs privés locaux, ainsi que d'organiser des foires et des ventes spéciales dans le cadre de la vente fructueuse de jade et de pierres précieuses. MGE agit sur instruction du ministère des ressources naturelles et de la conservation de l'environnement (MONREC), dont le ministre a été nommé par le Conseil d'administration d'État. Les forces armées du Myanmar/de la Birmanie (Tatmadaw) détiennent depuis longtemps d'importants intérêts dans le secteur du jade et des pierres précieuses, en particulier via la direction de MGE, qui est composée presque exclusivement d'anciens militaires, à travers des activités menées par deux conglomérats militaires [Myanmar Economic Holdings Limited (MEHL) et Myanmar Economic Corporation Limited (MEC)]. Le coup d'État du 1er février 2021a replacé MGE sous contrôle militaire, ce qui a permis à la Tatmadaw de contrôler dans une large mesure le secteur des pierres précieuses. MGE génère des revenus pour différents services de l'État du Myanmar/de la Birmanie et, grâce aux diverses activités décrites ci-dessus, la Tatmadaw peut bénéficier directement ou indirectement des recettes générées par ce secteur, contribuant ainsi à sa capacité à mener des activités portant atteinte à la démocratie et à l'état de droit ainsi qu'à la commission de graves violations des droits de l'homme au Myanmar/en Birmanie.

French National Asset Freezing System,

Adresse : BIRMANIE/MYANMAR : NO.70-072, Yarza, Thingaha Road, Thapyaygone Ward, Zabuthiri Township, Naypyitaw, Site : http://www.mge.gov.mm/

Monaco National Fund Freezing List,

Relationships

Data sources

French National Asset Freezing System5,271

The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.

France · DGT

US Trade Consolidated Screening List (CSL)21,251

The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, reexports, or transfers of items.

United States · ITA

UK FCDO Sanctions List4,765

UK sanctions collated by the Foreign, Commonwealth & Development Office

United Kingdom · FCDO

US OFAC Specially Designated Nationals (SDN) List33,377

The primary United States' sanctions list, specially designated nationals (SDN) part.

United States · OFAC

Swiss SECO Sanctions/Embargoes8,695

Switzerland manages a sanctions lists with a high degree of detail on the individuals that are subject to it's embargoes

Switzerland · SECO

US SAM Procurement Exclusions112,281

A database of suppliers who have been excluded from participating in US federal procurement.

United States · GSA

UK HMT/OFSI Consolidated List of Targets6,295

The United Kingom's consolidated international sanctions list.

United Kingdom · OFSI

Belgian Financial Sanctions6,602

Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council

Belgium · FOD

Monaco National Fund Freezing List5,230

A list of entities subject to fund and economic resource freezing procedures

Monaco · Monaco

EU Financial Sanctions Files (FSF)6,541

As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.

European Union · DG FISMA

Canadian Consolidated Autonomous Sanctions List4,428

Sanctions imposed by Canada on specific countries, organizations, or individuals under the Special Economic Measures Act (SEMA) and JVCFOA

Canada · Global Affairs Canada

External databases

The record has been enriched with data from the following external databases:

PermID Open Data3,182

Permanent Identifier (PermID) is a reference data spine offered by LSEG/Refinitiv to help create unique identifiers for organizations that are publicly listed.

External dataset · LSEG · non-official source


Source data IDs: ca-sema-1-52-mm-myanma-gems-enterprise-mge · usgsa-s4mrtygqj · ca-sema-83f88075ba34c5f202c0ab09b785392f323b4faf · permid-4296323903 · usgsa-s4mrgprz2 · eu-fsf-eu-6439-45 · ca-sema-burma-1-52 · fr-ga-3565 · gb-hmt-14108 · gb-fcdo-mya0024 · ofac-31651 · usgsa-s4mrtygqk · ch-seco-45365 · mc-freezes-f1a684ff0819097b7e1c51cc1efaced8c67b1deb · NK-YtzdNYYQDCQqJV2p6EYxL3

For experts: raw data explorer