Gemstone exports can go up to $32b: FPCCI

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ISLAMABAD: Chairman Federation Pakistan Chamber of Commerce and Industry Qurban Ali said that Pakistan has an export potential of worth 32 billion dollars annually in latent gemstones industry to earn revenue for strengthening the country’s economy.

Addressing a function in Islamabad, he said local exporters of gemstones must go for innovation and also add on modern technology to enhance the value of precious and semi-precious stones for the international competitive market to earn more profits.

Chairman said Gem Testing Labs’ need to be established for gems identification to promote the local industry at international potential market for enhancing the competitiveness in the local market.

He said that FPCCI is a big platform offering every kind of support to get help from the federal and provincial government for promoting this potential export sector.

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