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Sunday, 31 May 2015 - 10:54
Gem and jewellery exports to surge
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Sri Lanka's gem and jewellery export revenue will surge this year following the enormous exposure the country received at the International Coloured Gemstone Association Congress held recently in Sri Lanka.

The ICA Congress was held in Sri Lanka for the second time, the first being in 1989.

Around 46 countries and 250 registered foreign buyers attended this year's event which also marks the 30th anniversary of the ICA Congress, a global association for coloured gemstones.

The gem and jewellery industry employs around 650,000 workers and accounts for around 4,500 exporters.

National Gem and Jewellery Authority sources said that they hope to make Sri Lanka the hub for sapphires and achieve an export revenue of 1 billion dollars.

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