Glittering Stones News

The Thai Gem and Jewelry Traders Association (TGJTA)is working with Dubai Multi Commodity Centre, on the possibilities of Thai operators setting up offices in Dubai and establishing sales outlets in DMCC's Gems Club later this year.

The Thai gem and jewellery industry is keen to increase the Middle East's Profile in its rising list of new export frontiers.

"We are moving systematically into the Middle East, initially through Dubai in the United Arab Emirates," said president of TGJTA Vichai Assarasakorn.

Thailand participated in the MidEast Watch and Jewellery Show, which took place in Dubai in April. While at the fair the Thai jewellery industry also tightened the trade relation.

Thai officials say the area, with its high jewel expenditure, strong purchasing power and flourishing economies, is offering huge and potentially profitable market for Thai products.

Meanwhile, DMCC has agreed to send off experts to distribute information and data about the jewel market in the Middle East to Thai industry members at the 42 Bangkok Gems & Jewelry Fair which will be held between 11 to 15 September.

The Bangkok Gems & Jewelry Fair is expected to attract 1,500 showing booths and no fewer than 30,000 attendees from some 80 countries.