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India and Thailand Sign Three MoUs to Boost Gem and Jewellery Exports.

MOUs and Agreement | Dated: 03 Mar 2025

A high-level Indian delegation of 18 members from the Mumbai (Maharashtra)-based Gem and Jewellery Export Promotion Council (GJEPC), Jaipur (Rajasthan)-based Jewellers Association Jaipur (JAJ), and Jaipur (Rajasthan)-based Sitapura Gems and Jewellery Industry Association (SGJIA) visited Thailand from 22 to 24 February 2025.

🎯 Key Highlights:

- During the visit, the delegation signed three Memoranda of Understanding (MoUs) at the 71st Bangkok Gem and Jewellery Fair (BGJF) held in Bangkok, Thailand on 22 February 2025.
- These MoUs aim to enhance collaboration, research, innovation, and market expansion between the jewellery industries of India and Thailand.

💡 Other Important Facts:

(i) The first MoU was signed between GJEPC's Jaipur-based Indian Institute of Gems and Jewellery Research and Laboratories Centre (IIGJ-RLC) and Gem and Jewellery Institute of Thailand (GIT Thailand). This partnership focuses on gemstone standardization, joint research, and increased knowledge exchange to improve industry transparency and quality.
(ii) The second MoU was signed between JAJ and Chanthaburi-based Chanthaburi Gem and Jewellery Traders Association (CGTA). This collaboration aims at strengthening the coloured gemstone trade, creating new trade opportunities, and enhancing global market participation.
(iii) The third MoU was signed between SGJIA and Bangkok-based Thai Silver Exporter Association (TSEA). This agreement intends to promote innovation, improve design excellence, and broaden the market reach of silver jewellery.

📚 Test Your Knowledge:

Recently Which country did India sign three MoUs with to boost gem and jewellery exports?

Correct Answer: Thailand

🚀 Quick Recap:

About Thailand

PM : Paetongtarn Shinawatra
Capital : Bangkok