Tuesday, January 27, 2015

IJT Tokyo expands Lanka’s foray into diamond trade

Daily News - 27/01/2015



International Jewellery Tokyo (IJT-2015) show concluded successfully with the participation of more than 1000 exhibitors, buyers and other stakeholders. This was the 25th IJT event and people from all over the world visited the show.

IJT had many faceted and diamonds and diamond jewellery are at its forefront of the industry. The abundant stock of high quality diamonds in the Japanese market makes Japan one of the most attractive places to source for quality diamonds and diamond jewellery.

Several officers from the Sri Lanka Gem and Jewellery Authority and several Sri Lankan gem traders participated for the event. IJTis a gateway to expand Sri Lanka's business in Japan and the Asian region A wide variety of products in the jewellery industry gathers under one roof, at the world trend-setting city, Tokyo.

Participating in this event will help to activate proactive business discussions and attract new business into Sri Lanka. Several top gem exporters in the country participated at this year's gem and jewellery exhibition.

Sri Lanka exported 330,318 carats of blue sapphire to the value of US$ 53.20 million in 2013. Sri Lanka should market its precious stones through various international exhibitions which will help attract international buyers, its sources said. The Export Development Board (EDB) targets revenue of US$ one billion from exports of gem and jewellery in 2015 and US$ 15 billion by 2020 from all gem exports. Sri Lanka's export revenue currently is around US$ 10 billion.

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