2024-07-06 20:08:50
Traders in this sector consider gold smuggling to be a major obstacle in the development of the jewelery industry. They said smuggling and high customs duty are the main obstacles to the development of the jewelery industry. Anti-smuggling, removal of excess duty and supportive policy support for the jewelery industry will revolutionize the industry.
The speakers said this at the closing ceremony of the first International Jewelery Machinery Exhibition Bangladesh (IJMEB) 2024 jointly organized by the country’s largest traditional and product-based trade organization Bangladesh Jewelers Association-Bajus and Indian company KNC Services at International Convention City Bashundhara (ICCB) in the capital on Saturday (July 6).
Bajus spokesperson and former president and member of the executive committee said. Dilip Kumar Roy, Vice President-Gulzar Ahmed, Md. Ripnul Hasan, Masudur Rahman, Vice President and Exhibition Coordinator Samit Ghosh Apu.
The three-day exhibition, which began last Thursday, ended on Saturday. More than 5 thousand businessmen-visitors visited it. The theme of this year’s exhibition was ‘Touch of Technology in Jewellery’. The main goal of Bajus is to establish new jewelery factories in the country and add modern technology to the old factories and develop it as an export oriented sector. 30 companies from around 10 countries including India, Italy, Turkey, United Arab Emirates, Germany, China and Thailand participated in it.
Bajus spokesman and former president and member of the executive committee Dr. According to Dilip Kumar Roy, the main obstacles to the development of the jewelery industry are smuggling and excessive duty. Anti-smuggling, removal of excess duty and supportive policy support for the jewelery industry will revolutionize the industry.
He also said that it can be estimated from the immense potential that is emerging in the jewelery industry of the country, if there is public-private sponsorship, the jewelery industry can also play an important role in earning foreign exchange like the ready-made garment industry. We believe that the jewelery industry will one day create a strong position in the global market by meeting the demand in the domestic market.