Thailand’s leading gem and jewellery trade bodies have signed an agreement to participate in the the Bharat Diamond Week (BDW) that is being organised by the Bharat Diamond Bourse (BDB) from October 14 to 16.
BDB President Anoop Mehta and Vice-President Mehul Shah signed the agreement with Thai Gem & Jewelry Traders Association President Porntiva Nakasai, and the Gems, Jewelry & Precious Metal Confederation of Thailand (GJPCT) President Somchai Phornchindarak.
The Thai agreement by the BDB comes close on the heels of a visit by Mehta and Shah to the Shanghai Diamond Exchange (SDE) to increase the size of the SDE participation in the BDW.
"The agreements signed with the professional organisations from Thailand are the latest step in ensuring we have an excellent number of visitors to the Bharat Diamond Week," said Mehta. "I am delighted that our friends and colleagues from Thailand, who we know so well, will be taking part in the BDW."
Shah, who is responsible for the Bharat Diamond Week and organised the two successful polished diamond events held last year, said, "It is very important that we work with organisations from across the diamond and jewellery world. Our aim is to raise visitor numbers at every show and to learn from the previous event how to be even more successful for the benefit of our small and medium-size company members.”
He added, ”Furthermore, due to the uncertainty of the situation in Hong Kong due to civil unrest with the September Gem and Jewellery Show just weeks away, we believe it is likely that many companies that need to source diamonds will decide to come here instead. The Bharat Diamond Week will act as a perfect venue for companies to source their diamond demands.”