Export of Pakistan Gems, Jewellery to China can benefit our economy: President PCJCCI - Press Release issued by Pakistan China Joint Chamber of Commerce and Industry.

Lahore -- October 17, 2019 (PPI-OT)

Following is the text of press release issued by Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)

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Mr. Zarak Khan, President Pakistan China Joint Chamber of Commerce and Industry has said that, China, being the world's largest consumer market for gems and jewellery has a vast scope for export of Pakistan's gems and jewellery products. It was stated by him while addressing a meeting of PCJCCI's Export Promotion Committee today at chamber premises.

The Meeting was also attended by Mr. Moazzam Ghurki, Senior Vice President and Mr. Salahuddin Hanif, Secretary General of PCJCCI. President PCJCCI said that Pakistan had emerged as the fifth largest country of gemstones reservoirs, but unfortunately the country had not been able to get benefit from its natural resources due to lack of skills, technology, and knowledge for processing of the mining materials.

Mr. Zarak Khan informed that Pakistan has a potential yield of 800, 000 carats of Ruby, 87,000 carats of Emerald and five million carats of Peridot, which lay unutilized due to lack of appropriate cutting and polishing facilities in the country. He also revealed that Pakistan's Pink Topaz and Kashmir Ruby are unique items all over the world, especially the Pink Topaz is considered as one of the second highest valued mineral.

Mr. Moazzam Ghurki, Senior Vice President PCJCCI suggested collaboration with China to learn the latest techniques for cutting and polishing of the gemstones. He suggested taking on board, national productivity organization NPO and with the assistance of Asian productivity organization. Chinese professionals in this sector should be invited to train Pakistani labour...