Language :
သတင်းအသေးစိတ်
The Information on 59th Myanmar Gems Emporium, 2024
|
ဘာသာပြန်ဆိုတင်ပြအပ်ပါသည်။ |
The Government of the Republic of the Union of
Myanmar
Ministry of Natural Resources
and Environmental Conservation
Central Committee for Holding Myanmar Gems
Emporium
The Information on 59th
Myanmar Gems Emporium, 2024
1.
The
significant 59th
Myanmar Gems Emporium, 2024 under the
supervision of the Ministry of Natural Resources and Environmental Conservation, will be held from
May 3 to 12, 2024 at Maniyadanar Jade Hall in Nay Pyi Taw.
2.
The
reserve price for Genuine Myanmar Pearl lots will be set in US Dollars (USD)
but payment for pearl lots must be made in US Dollars (USD) or designated
foreign currency.
3.
Gems
Lots will be sold in US Dollars (USD) but payment must be made in US Dollars
(USD) or Euro (EUR) or Chinese Yuan (CNY) or Thai Baht (THB) which is an equivalent amount in US Dollars (USD).
Jade Lots will also be sold in US Dollars (USD) but payment must be made in US
Dollars (USD) or Euro (EUR) or Chinese Yuan (CNY) or Thai Baht (THB) which is an equivalent amount in US Dollars (USD)
for both (A) and (B) Group Jade Lots.
4.
Pearl,
gems and jade lots will be put up for sale through open tender system and
specified reserve prices are as follows:-
|
Sr. |
Type of Lots |
Reserve Price |
|
(a) |
Pearl |
US$ 1,000 and above |
|
(b) |
Gems |
US$ 5,00 and above |
|
(c ) |
Rough Jade Group
(A) and (B) |
US$ 5,000 and above |
|
(d) |
Finished Jade
Products |
US$ 1,000 and above |
5.
Foreign visitors who are eligible for the following
qualifications will be granted admission to the 59th
Myanmar Gems
Emporium, 2024
excluding those blacklisted for their default on payment in the previous
emporiums:-
(a)
Those
who requested the invitation card through the local represented companies.
(b)
Those
who requested the invitation card through the Foreign Jade Associations.
(c) Those who requested to receive the invitation card through the respective
Embassies
and Consulate - General.
(d)
Those
Foreign visitors are permissible to make bids for the lots up to the minimum
amount of deposit to be paid by the type of lots and the amount permitted to
bid are as follows:-
|
Sr. |
Type of Lots |
Deposit to be
paid |
Permitted limit
to bid |
|
(a) |
Pearl |
US$ 2,000 |
unlimited |
|
(b) |
Gems |
US$ 2,000 |
US$ 20,000 |
|
(c) |
(A)
Group Jade |
US$ 40,000 |
US$ 400,000 |
|
(d) |
(B)
Group Jade |
US$ 20,000 |
US$ 200,000 |
6.
Making
bids for lots more than the permitted limit is required to make additional
deposit (10% of its value) to the
Central Committee of Emporium (Deposit) Account opened at Myanma Economic Bank
(Nay Pyi Taw). Deposit must be made by the following deadline:-
|
Sr. |
Type of Lots |
Sales System |
Deadline for
Deposit Payment |
|
(a) |
Pearl |
Open Tender |
3-5-2024 |
|
(b) |
Gems |
Open Tender |
5-5-2024 |
|
(c ) |
(A)
And (B) Group Jade |
Open Tender |
6-5-2024 |
7. Starting from April 24, 2024, the process of deposit payment and issuing entrance
card for foreign gems merchants in advance will be carried out at the
Maniyadanar
Jade Hall, Registration Office.
8.
Application
Forms for admission to Emporium can be downloaded and submitted via Online
Preregistration System on website www.mge.gov.mm, provided by Myanmar
Gems Enterprise starting from March 23, 2024.
9.
The
requirements to make the entrance card are as follows:-
(a)
Name,
Passport and National Scrutiny Card No. (Passport Issuing Country),
(b)
Clear
Photocopy of Passport,
(c)
Clear
two passport photos taken within one month,
(d)
Complete
contact information, (to state Phone No., Fax No., E-mail and address),
(e)
Admission fee – US$ 100,
(f)
Every Merchant must submit the Certificate of fully
vaccination. The Medical cost for testing Covid-19 and Health insurance premium
will be borne by oneself.
10. Foreign gems
merchants attending the Emporium are not allowed to wear indecent outfits such
as shorts, shirts/T-shirt, singlet, and must attend the emporium with the
following specified outfits:
(a) Man - Western-Suit; Long sleeves
shirt (White or Blue color), trouser, shoes / Walking shoes (for Exhibition Opening Day only),
- collared shirt (white or only light colors) and
trouser (non sportswear) (for Other
Days)
(b) Lady– Mari, Midi skirt/trouser
and smart workwear (non crop top/tank top/ too low or plunging neckline outfits.)
11.
Unless the buyer himself pays the deposit, makes payment
for purchased lots and arranges transportation, the buyer can delegate someone
to do so by submitting the legal delegation process to the Administrative Work
Committee. Those who did not have the right to purchase Lot(s), the
transferring of paid deposit process will be allowed only after that transferor,
receiver and respective represented company have signed in front of the
Administrative Work Committee.
12.
Buyers,
themselves or their authorized representatives shall settle payment for the
purchases within 90-day deadline
as
prescribed by the Sales Agreement. In case of the buyer’s failure to purchase, action will be taken in
accordance with the rule, regulation and stipulation concerned.
13. Shipment of fully paid purchase to the
buyer is made under the EXW(EX Works)System. Purchase will be timely dispatched
once the buyer, himself
or his authorized representative has made full payment for the purchase.
Emporium Central Committee will be responsible for only loading the merchandise
onto the Transportation Vehicles from the Emporium Hall.
Emporium
Central Committee
