INDIAN JEWELLER

ICA Congress hosts a historic attendance

It highlighted the potential of jewellery trade to foster in China

Post By : Diamond World News Service On 09 May 2009 12:40 PM
India’s minister of state for commerce, Jairam Ramesh, met with the Tanzanian minister of industry, trade and marketing, Basil P Mramba, in Delhi on May 18 to discuss ways of increasing bilateral trade between the two countries. Ramesh said the setting of gem cutting and polishing projects in Tanzania may be a potential area for growth. He noted that India would be interested in sourcing diamonds, precious stones and platinum from the East African country.%%India would like to forge a long-term relationship with Tanzania with regards to sourcing of raw materials while looking to cooperate with Tanzania to help it move towards value added production and manufacturing,” Ramesh said. Bilateral trade between India and Tanzania has gone up from $166 million in 2001-02 to almost $360 million in 2005-06.

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