Daily Times

The Core Committee meeting on Gems and Jewelry Show 2024 was held at FPCCI Capital Office Islamabad led by Mr. Umar Masudur Rahman Vice President FPCCI. The meeting was attended by Mr. Saqib Rafiq President Rawalpindi Chamber, Petron Chief APCEA Haji Mamoor Khan, Chairman syed Minhaj ud Din Bacha, Chairman Mining Association, Farukh Alvi, RCCI Members Akhtar Amin, Muhammad Fayaz Qureshi, member Islamabad CCI Ayesha Asif, and Trade Development Authority Islamabad representatives Ishaq Shinwari and Moin Ahmed.

Mr. Umar Masood ur Rehman Vice President FPCCI said that he believed the Gems and Jewelry Show 2024 would go a long way to showcasing gemstones in the international market. He appreciated the role of TDAP Islamabad to bring all related trade bodies on our platform under the patronage of TDAP and FPCCI to organize a befitting show to attract foreign buyers. The Gems expo will be jointly organized by TDAP & FPCCI, ICCI, RCCI, APCEA, PAGJTEA, PGMA. He further said that this event aims to promote the mineral and mining section of Pakistan which is enriched with 80% of Pakistan’s mineral base, and this exhibition is expected to play a major role in exploring the mineral potential of this land. This event should design to facilitate gemstone and mineral businesses in Pakistan, and it will also provide an opportunity for local businesses to expand their business potential around the country and beyond.

Vice President FPCCI further said that the current economic challenges can be countered with our exports for which he appreciated the Director General TDAP on his efforts for planning various events not only in international markets but also in local rural markets of KP and Gilgit Baltistan. It’s time to give special attention to African and central Asian markets to enhance our exports through various means. The FPCCI and TDAP are working for the same goal to enhance Pakistan’s trade and exports, therefore, close liaison between both entities is essential and obligatory to achieve the goals more effectively. The success of Gems and Jewelry Show 2024 can bring economic stability. He added.

During the meeting, the participants also appreciated the role of FPCCI and Trade Development Authority while presenting various suggestions regarding the success of the show and increase exports of this sector.

Mr. Saqib Rafiq President Rawalpindi Chamber, Petron Chief APCEA Haji Mamoor Khan, Chairman syed Minhaj ud Din Bacha, Chairman Mining Association, Farukh Alvi, RCCI Members Akhtar Amin, Muhammad Fayaz Qureshi, member Islamabad CCI Ayesha Asif, and TDAP representatives Ishaq Shinwari said that Pakistan’s gemstone and jewelry sector is currently suffering due to low exports, undergoing a massive fall in the last five years. In 2016-17, the exports of the industry stood at $5.8 million, down 99% compared with $921.8 million in 2011-12. “With the help of foreign investment and machinery, we can increase our gemstone and jewelry exports to $5 billion in just 3 years, Pakistan have the finest craftsmanship and other Countries have technology. Together, we can promote exports of the industry,”

The Participation of the meeting said that we believe on working jointly with the private sector to boost our country’s export and assured that TDAP Islamabad will facilitate the business community of KP Province and Gilgit Baltistan. He shared various proposals for necessary collaboration with FPCCI to push the trade and economic activities to boost the exports. They further said that African market is our priority and TDAP was striving hard for increasing exports in ASEAN, African and Central Asian regions that can bring economic stability to the country. He further shared that TDAP is also supports the women entrepreneurs to uplift their local business activities and prepare them to export their products.