Gem and jewellery industry commits to boost forex via higher exports to support economic crisis

Friday, 17 June 2022 00:00 - - {{hitsCtrl.values.hits}}

Sri Lanka Gem and Jewellery Association (SLGJA) said it is extended continuous support in ensuring their industry contributes to the strengthening of the economy during the current economic and financial crisis.

In view of the growing concern over the current economic crisis the country, SLGJA has taken steps to ensure the gem and jewellery industry increases exports to ensure a steady flow of foreign exchange enters the country.

Following their discussion with Industries Minister Ramesh Pathirana, SLGJA have taken the first steps to bring to light the current issues faced by the gem and jewellery exporters and has requested the Minister’s assistance and support in ensuring the process of carrying out exports is made easier for businesses, thus ensuring a free flow of foreign exchange into the country.

As a luxury industry, many gem and jewellery businesses have faced a number of setbacks post-COVID. Despite this, the industry is working together to focus their efforts on increasing exports in order to help the country through these difficult times. SLGJA is a driving force in ensuring all segments within the industry come together to work towards the goal of increasing exports and foreign exchange for the country. “We believe we are in a good position to support the country in bringing in much-needed foreign currency through exports,” said Sri Lanka Gem and Jewellery Association Chairman Ajward Deen.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.