According to Vichai Assarasakorn, chief executive of the BGJF organizing committee, the show went beyond expectation in the wake of adverse impacts like the sluggish global economy and, more recently, the U.S. sub-prime loan fallout + more than 10 national groups from such markets as Europe, India, Russia and the United States met with exhibitors at the fair.
According to Thailand's Minister of Commerce Krik-krai Jirapaet, gems and jewelry exports last year exceeded $3.6 billion, up 12.7 percent from the previous year. In the first seven months of this year, gems and jewelry exports increased 5.41 percent year-on-year to $2.18 billion.
The next edition of the Bangkok Gems and Jewelry Fair will take place from Feb. 27-March 2, 2008.
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