FACETS SRI LANKA 2009,scheduled to begin in Colombo tomorrow,has attracted nearly 200 confirmed foreign buyers,the Sri Lanka Gem and Jewellery Association (SLGJA) said.
President of the SLGJA,Macky Hashim said that they have not set any specific sales targets as such,but were confident of raking in orders,in an environment devoid of war and more suited for trade and commerce.`With nearly 200 foreign buyers eyeing the wide range of local precious and semi precious stones, as well as intricately designed jewellery,that would be on display at the BMICH,we expect export orders to exceed past performances of US$ 1 million.`
Delegations,are due from the Diamond Bourse in Moscow and Israel and Gem and Jewellery Trade Associations of India and China.Buyers from,Singapore,Iraq,Hong Kong,Nigeria USA,and Europe have already confirmed participation,he said.
Chairman of the FACETS organizing committee, Chanaka Ellawala,said that this years exhibition offers the local gem industry, a golden opportunity to venture into new markets such as Russia, China and Iraq, in addition to the traditional gem buying countries such as Hong Kong, United States of America and Europe.
`It will serve as a platform for leading gemstone traders in emerging economies such as Russia,India and China to start sourcing from Sri Lanka,as well as explore trade opportunities in Burma,Iraq,Hong Kong and Thailand.`
Sri Lanka Export Development Board(SLEDB),Chairman Anil Koswatte,said that his organization has sponsored FACETS SRI LANKA,from its inception and will continue to help the industry diversify existing markets.
Secretary SLGJA,Ziqufi Ismail said that international participants will be offered a total of 101 free rooms by the Hilton,which is the host hotel for the exhibition.
`We have made arangements for the export of purchased gems and jewellery,directly from the venue.The Sri Lanka Customs and National Gem and Jewellery Authority,will provide onsite assistance on export procedures.`