Monday, June 12, 2017

allow the import and export of rough diamonds

Indian Prime Minister Narendra Modi addressed the Indian industry of gems and jewelry by video conference in the evening on the first day of the International Diamond Conference in Mumbai on 19 March. He said that the sector of precious stones and jewelery is a prime example of initiatives "Made in India" and "India's skills."
"We live in a time when diamonds are used in glasses, watches and pens. Is our jewelers can not create and modify global tastes and fashion?" - Asks the Prime Minister of India.
"What is your strategy to increase India's share in the market of handmade jewelry industry might think about promoting business start-ups, which can create a growing market for Indian jewelry?" - he says.
Modi also mentioned that in December 2014 the World Diamond Conference, held in New Delhi, he declared in the presence of Russian President Vladimir Putin that the Special Customs Area (SNZ) will be created to allow the import and export of rough diamonds, and duty-free entry to view products. He recalled that in the building SNZ Indian Diamond Exchange (Bharat Diamond Bourse) started operating in November 2015. Modi also said that he assured his friends in Africa that India will support them in the development of the sector of precious stones and jewelry.
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1 comment:

Pearl Necklace said...


The head of De Beers Group Filipp Mele (Philippe Mellier) promised that the company will continue to participate in the company Namdeb and to operate in Namibia, told IDEX Online Portal referring to the newspaper The Namibian.
According Mellier, in spite of the volatility in the global diamond market in 2015, the forecast for the future is promising, and Namibia will probably play a key role in it.
Reaffirming their commitment to the company's cooperation with Namibia, the head of De Beers recalled that De Beers Namibia Holdings has recently pledged to invest 10 million Namibian dollars ($ 650,000) to support the Government's efforts to provide education for children, especially girls, in isolated communities.
Mellier also recalled 10-year sales contract between De Beers and the Namibian government, which was agreed in principle, but has yet to be finalized.
"The main thing, it also means that more value created Namibian diamonds remain in the country, and among those who benefit from it will be cutting and polishing company", - he said.