A meeting of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) was held in Lahore to explore opportunities for boosting bilateral trade and strengthening economic cooperation between Pakistan and China.
President of PCJCCI Zarak Khan said that China is the biggest buyer of jewelry and gemstones in the world. Pakistan possesses large untapped reserves of precious gemstones which can be exported to China. Increased exports of gemstones and jewellery can help Pakistan on the economic front.
Pakistan has the 5th largest gemstone reserves with 800,000 carats of Ruby, 87,000 carats of Emerald and 5 million carats of Peridot. Moreover, Pink Topaz and Kashmir Ruby are two rare Pakistani gemstones that are in high demand across the globe.
Unfortunately, due to a shortage of skilled laborers with expertise in cutting, polishing, and processing of gemstones and unavailability of world-class facilities, Pakistan is unable to fulfill its potential in the gems and jewelry industry.
Moreover, gemstones and jewelry produced at available facilities are of low quality and not in line with global standards.
Senior Vice President of PCJCCI Moazzam Ghurki said that Pakistan can procure the latest technology from China to reconcile its gemstone production with the global standards.
A joint program of the National Productivity Organization (NPO) and Asian Productivity Organization (APO) should be launched under which Chinese professionals will teach Pakistani laborers and engineers the skills needed to produce high-quality jewelry.
Via: The Express Tribune
Compliments Honorable Zarat Khan President Pak-China Joint Chamber of Commerce & Industry meeting highlighting bilaterals.
Mr. Zarat Khan as you know on the launch of French designer label jewelry, fashion jewelry in Paris Boutiques the streets are flooded by one nation which is China with thousands people in que for the most fashion able purses, bags, jewelry on the very first minute of the launch. The matter be pursued on urgent basis with the Ministry of Commerce with the Honorable Secretary to initiate the bilateral trade and branding of the jewelry with permits/permissions from major buyers with their names from pakistan. This will go immediately before the inaugural of new ornaments, jewelry, in Paris at the shows will first reach Chinese selves.