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