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Agreement on Joint Investment in Jewellery Industry

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Agreement on Joint Investment in Jewellery Industry
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August 8: Federation of Nepal Gold Silver Gem and Jewellery Association (FNGSGJA) and Gem and Jewellery Expert Promotion Council (GJEPC) India has made an agreement regarding joint investment of technology and capital for the promotion of Nepali jewellery industry. FNGSGJA and GJEPC India have agreed to coordinate and make a joint investment in “Jewellery Promotion Zone” establishment.  They also have agreed to request the government body to provide necessary assistance on promotion of Jewellery industry including exploring, excavating and processing of raw materials like gems and stones.

Furthermore, they have agreed to conduct international level conference at Kathmandu in the near future in order to promote Nepali Jewellery Industry. They will also conduct training on designing modern jewellery targeting the international market. High level council delegates will visit Nepal regarding the preparation for the implementation of the agreement.

The agreement was done in a meeting held in between the delegates led by Ramesh Maharjan, President of the Federation who participated in India International Jewellery show 2016 and Prabin Shankar Pandey President of the council and other officials of the council.  The delegates representing the Federation included Bidhya Sagar Tamrakar President of Nepal Rocks and Minerals Association, Kishan Sunar, Executive Member of FNGSGJA along with other gems and Jewellery entrepreneurs.

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