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FACETS to witness largest foreign delegation

FACETS 2012, Sri Lanka’s only International Gem and Jewellery Show scheduled to be held from September 5 to 8 at the BMICH is tipped to receive its biggest delegation of over 50 gem and jewellery dealers from different provinces China.

“China has been a loyal visitor to the exhibition, since we signed a Memorandum of Understanding five years ago with the China Gem traders Association,” said Juzar Adamaly, Chairman of FACETS 2012.

“Due to the effort of our Chairman Deshabandu Macky Hashim, last year we witnessed a large delegation from Kunming China .We too have reciprocated, by taking part in many Exhibitions organized in China.”

FACETS 2012 is being held for the 22 successful consecutive year whilst being a driving force for increased in export of Gems and Jewellery according to the Sri Lanka Export Development Board.

All 154 booths for the four day exhibition have been sold out yet the FACETS secretariat continues to receive inquires from foreign dealers and merchants to visit and exhibit.”We have already received300 foreign online registrations, and with regards to queries for exhibiting we’ve declined them with much regret since we’ve sold-out the Facets Sri Lanka 2012 show.”

The exhibition which is organized by the Sri Lanka Gem and Jewellery Association is sponsored by the National Gem and Jewellery Authority and the Sri Lanka Export Development Board.

According to the EDB, the exhibition is expected to garner interest, buyers and sellers with the target of achieving 1 billion USD by 2015. At present Sri Lanka is in a range between 555 and 600 million with a target of 1 billion USD by 2015.

Renowned Gem dealers from Germany and Bangkok are to grace the event.

Ziqufi Ismail, Secretary to the Sri Lanka Gem and Jewellery Association cited that buying gems from the source is always cheaper and countries like China, Russia and India are keen interest on investing and exporting.

Last year the exhibition had 8,000 visitors, out of which 2,000 were foreigners.

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