Myanmar(ex Burma) Ruby Trade Banned from the US

Burma-Myanmar Ruby

Since September 29, 2008 Government Regulations Prohibit Importation of Jadeite and Rubies from Burma into the United States

The new law originated in 2007 after the crackdown on pro-democracy protests in Myanmar(ex Burma).
Human rights organizations, gem dealers and eventually the First Lady Laura Bush got involved and pushed for a boycott of importing Myanmar gem stones arguing that the profits help the country's dictatorial regime.
Some serious concerns were also raised about the work conditions of the miners extracting thoses stones.

Since Burma used to supply 90% of the world's rubies including the best quality, we can expect shortages and price increases for the remaining sources (Mainly Madagascar).

A few links to useful articles to help clarify the situation.

Official text: Law page - Law text

September 29, 2008 article from JVC: “Tom Lantos Block Burmese JADE Act of 2008” Takes Effect

Jeweler Vigilance Committee FAQ: Frequently Asked Questions

Parlé Stone Department

more articles.