Sri Lanka targets $3 billion yearly from gemstone exports by overcoming policy and bureaucratic challenges.

Sri Lanka aims to generate $3 billion annually from gemstone and jewelry exports, according to Minister Chathuranga Abeysinghe. The government plans to revitalize the industry by addressing issues like outdated policies and bureaucratic hurdles, and integrating the gem sector with tourism. The "Jewels 2024" exhibition focuses on sustainable development to boost the country's foreign exchange reserves.

3 months ago
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