Korean trade delegation links with GJEPC to explore jewellery trade opportunities

A delegation from the Korea Trade-Investment Promotion Agency met with Gem and Jewellery Export Promotion Council officials in New Delhi to explore jewellery trade opportunities between India and Korea with a focus on the lab grown diamond industry.

“The meeting focused on exploring opportunities in the Indian lab-grown diamond (LGD) sector,” announced the GJEPC on its website. “The talks centred on global primary markets for LGDs and insights on LGD manufacturing facilities. The visit was coordinated by Mr. Sanjeev Bhatia, Regional Director- North, GJEPC.”
 
During the meeting, Sankhwal raised gem and jewellery industry concerns regarding the Comprehensive Economic Partnership Agreement between India and Korea. In response, the Korea Trade-Investment Promotion Agency assured that they will work with the Korean Embassy in New Delhi to look into potential mutually beneficial solutions to the concerns raised.
 
The Korea Trade-Investment Promotion Agency’s delegation paid a visit to the Indian Institute of Gemmology and Jewellery’s Regional Lab Centre in New Delhi. Surveying the facilities, the delegation expressed its appreciation for the GJEPC’s contributions to growth and development in the Indian gem and jewellery industry.
 
The GJEPC invited Korean gem and jewellery businesses to attend its upcoming trade show IIJS Premiere, which seeks to forge links between Indian jewellery manufacturers and global retailers to boost Indian exports. The meeting also suggested the organisation of Buyer-Seller Meets to link Indian and Korean businesses in the sector.