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GJEPC holds an international gathering at Bharat Ratnam Mega CFC SEEPZ

In a historic move, the Gem and Jewellery Export Promotion Council of India (GJEPC) orchestrated the inaugural International Gem and Jewellery Buyer Seller Meet (BSM) at the newly inaugurated Bharat Ratnam Mega CFC SEEPZ in Mumbai ....

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Diamond industry frustrations with G7 sanctions intensify - Jeweller Magazine: Jewellery News and Trends

Concern within the international diamond industry about the impact of sanctions against Russian diamonds has worsened in recent weeks. ....

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Diamond traders in a fix as G7's Antwerp diktat comes into effect, ET Retail

Diamond Traders: India s Gem and Jewellery Export Promotion Council (GJEPC) and global diamond trade bodies have raised concerns about the G7 bloc s demand to route rough and polished diamonds through Antwerp for certification as non-Russian. The ban, part of sanctions imposed on Russia since the Ukraine war, will extend to diamonds weighing 0.5 carats and above from September 1. ....

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Gem and jewellery exports face downturn: FY24 witnesses 20.78% YoY drop amid global economic challenges

Gem and jewellery exports in FY24 s April-December plunged by 20.78% YoY to USD 22.7 billion, attributing the decline to global economic challenges and geopolitical factors. The import of gems and jewellery also saw a 22.43% YoY decrease. Notably, rough diamonds imports fell by 23.51%, while cut and polished diamond exports declined by 28.27%. Lab-grown diamonds, previously on the rise, experienced a 22.97% dip in gross exports. Despite the current setback, industry experts, including Colin Shah of Kama Jewelry, anticipate a gradual recovery from the 3rd quarter of FY25. ....

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Gem and jewellery exports face downturn: FY24 witnesses 20.78% YoY drop amid global economic challenges, ET Retail

Gem And Jewellery Export Promotion Council: Gem and jewellery exports in FY24 s April-December plunged by 20.78% YoY to USD 22.7 billion, attributing the decline to global economic challenges and geopolitical factors. The import of gems and jewellery also saw a 22.43% YoY decrease. Notably, rough diamonds imports fell by 23.51%, while cut and polished diamond exports declined by 28.27%. Lab-grown diamonds, previously on the rise, experienced a 22.97% dip in gross exports. Despite the current setback, industry experts, including Colin Shah of Kama Jewelry, anticipate a gradual recovery from the 3rd quarter of FY25. ....

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