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Sri Lankan mission in Russia promotes Lankan gems among Russians

Sri Lankan mission in Russia promotes Lankan gems among Russians

Daily FT: The Embassy of Sri Lanka in Moscow in collaboration with the National Gem and Jewellery Authority of Sri Lanka and the Russian Club of Jewellery Trade organised a B2B virtual meeting between Sri Lankan gem and jewellery exporters and Russian jewellery companies on 11 November with the objective of promoting Sri Lankan precious stones in Russia.
The virtual B2B promotion was attended by around 35 Russian jewellery trading and manufacturing companies and aroused keen interest in the Sri Lankan gem and jewellery industry.
During the virtual meeting, National Gem and Jewellery Authority Assistant Director Ayoma Dias provided a comprehensive overview of the Sri Lankan gem and jewellery industry including the unique wealth of precious stones in the country and opportunities for enhanced cooperation in the sector.
In addition, representatives of Sapphire Capital Group and Sapphire Cutters Ltd., Regal Gems, Punsiri Gems and Priyantha Gems presented product portfolios and the services extended by their companies.
Addressing the webinar, Ambassador of Sri Lanka to the Russian Federation Prof. Janitha A. Liyanage highlighted the importance of the virtual event for the development of collaborations in the gem and jewellery sectors of the two countries particularly in the backdrop where physical interactions have been constrained owing to the current pandemic situation.
The Club Russian Jewellery Trade is the largest association of specialists in the industry not only for wholesale and retail trade, but also for manufacturing enterprises interested in the formation of modern market mechanisms and the development of business cooperation in jewellery.

OSL take:

Sri Lanka’s gem and jewellery industry has been historically known the world with the country’s exquisite gems being used to jewellery around the world. Sri Lankan authorities are focused on promoting the country’s gem and jewellery industry while holding a key place among the country’s exports sector. The many trade agreements as well as concessions enjoyed by the country have helped boost Sri Lanka’s gem and jewellery industry as well. The recent finding of the world’s largest blue sapphire cluster once again drew international attention to Sri Lanka’s gem and jewellery industry. With foreign interest building on the industry, foreign businesses/investors could explore the emerging opportunities in Sri Lanka’s gem and jewellery industry.

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Article Code : VBS/AT/02122021/Z_4

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