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Monday, December 04, 2006

Sri Lankan Gem Exports

BERNAMA-OANA writes:

Sri Lanka expects its gem exports to rise by another 10 per cent in 2007 and help it earn US$100 million in revenue.

Sri Lanka is among the world's five top gem exporters and in 2005 earned US$80 million despite political turmoil and civil war.

"Until August this year gem exports recorded a marked increase totalling US$67 million.

"We expect exports to increase by another 10 per cent next year to US$100 million. This will boost our economy which is growing at eight per cent annually," Sri Lanka's National Gem and Jewellery Authority chairman, Hasitha Tillekeratne, told Bernama.

He said until August, gem exports recorded 27 per cent growth compared with the same period in 2005 and contributed six per cent to the overall economy.

Blue sapphire, or the national gemstone, is the leading variety among the 75 different gem stones found in the country -- where 70 per cent of the land mass is considered potentially gem-bearing.

More info @
Sri Lanka expects its gem exports to rise by another 10 per cent in 2007 and help it earn US$100 million in revenue.
Sri Lanka is among the world's five top gem exporters and in 2005 earned US$80 million despite political turmoil and civil war.

"Until August this year gem exports recorded a marked increase totalling US$67 million.

"We expect exports to increase by another 10 per cent next year to US$100 million. This will boost our economy which is growing at eight per cent annually," Sri Lanka's National Gem and Jewellery Authority chairman, Hasitha Tillekeratne, told Bernama.

He said until August, gem exports recorded 27 per cent growth compared with the same period in 2005 and contributed six per cent to the overall economy.

Blue sapphire, or the national gemstone, is the leading variety among the 75 different gem stones found in the country -- where 70 per cent of the land mass is considered potentially gem-bearing.

More info @ http://asia.news.yahoo.com/061010/4/2r3i4.html

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