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Thursday, November 12, 2009 - 4.43 GMT |
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SL gems
captivate the Chinese market |
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A
colorful
Sri
Lanka
Pavilion
was held
at the
International
Gem and
Jewellry
Fair
2009
from
November
5th to
9th at
the
China
International
Exhibition
Center
in
Beijing,
organized
by the
Sri
Lanka
Embassy
in
Beijing
together
with the
National
Gem and
Jewellery
Authority
and Gem
and
Jewellery
Association.
With the
participation
of
eighteen
(18)
companies,
Sri
Lanka
made its
biggest
presence
ever in
this
Beijing
Jewellry
Fair,
showcasing
an
eye-catching
array of
gems and
jewellery
from the
land
dubbed
as
Rathnadeepa
in a
fittingly
appealing
'Sri
Lanka
Pavilion'.
The
Commercial
Section
of the
Embassy
of Sri
Lanka
partnered
with the
Gem and
Jewellery
Authority
and the
Gem and
Jewellery
Association
of Sri
Lanka to
launch a
series
of novel
activities
to
promote
Sri
Lanka
gem and
jewellery
sector
in a
more
dynamic
manner.
Through
this
collaboration,
Sri
Lanka
can
optimistically
cater to
the
rapid
demand
for gems
and
jewellery
in
gaining
advantage
of the
rising
income
of the
Chinese
population
and also
capitalizing
on Sri
Lanka
being
able to
receive
the
margin
of
preference
under
the Asia
Pacific
Trade
Agreement
(APTA)
for this
sector.
Sri
Lanka
Embassy
initiated
a closer
co-operative
partnership
with the
China
Gem and
Jewellry
Trade
Association
having a
membership
of over
1800
leading
gem and
jewellery
Companies,
which
had
paved
the way
for Sri
Lanka to
carve
out a
niche in
the
Chinese
market.
During a
visit to
Sri
Lanka,
in 2008
the Gem
and
Jewellery
Association
of Sri
Lanka
signed a
MoU with
the Gem
and
Jewellery
Trade
Association
of China
(GAC),
the
National
Association
for the
industry,
approved
by the
Ministry
of Civil
Affairs
of the
People's
Republic
of China
for
increased
cooperation
towards
mutual
growth
and for
the
promotion
of gem
and
jewellery
trade
between
the two
countries.
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