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Thailand's DITP hosts
Gems & Jewelry Fair Gala in Dubai

1 Jul 2024

Forging Gems & Jewelry Alliances: Thailand and UAE Strengthen Trade Bonds at Bangkok Fair

The event strengthens trade alliances and invites UAE businesses to the fair The Department of International Trade Promotion (DITP), under the Ministry of Commerce of Thailand, and the Thai Trade Center Dubai Office recently concluded the "Bangkok Gems & Jewelry Fair Gala Night: The World's Leading Gems & Jewelry Destination" in Dubai. The event aimed to strengthen trade alliances and promote Thailand's international trade.

Industry leaders and potential private sector participants gathered to engage in business negotiations and deepen business relationships. Notable attendees included Sorayut Chasombat, Ambassador of the Kingdom of Thailand to the UAE; Nipa Nirannoot, Consul-General of Thailand to Dubai; Phusit Ratanakul Sereroengrit, Director-General of DITP; and Sumed Prasongpongchai, Director of the Gem and Jewelry Institute of Thailand, among others.

The UAE is a significant trade gateway and center for the region's gems and jewelry trade, similar to Thailand's role in the industry. In 2023, the trade in gems and jewelry between Thailand and the Middle East exceeded $500 million, with the UAE being Thailand's top trading partner in the region. Thailand exported gems and jewelry worth $265.37 million to the UAE, accounting for 50.3% of its total exports to the Middle East. Conversely, Thailand imported gems and jewelry valued at $252.09 million from the UAE, making up 51.02% of its total imports from the region.

The shared significance of the gems and jewelry sector presents a unique opportunity for both countries to forge a strategic partnership. The Department of International Trade Promotion (DITP) is inviting UAE businesses to participate in the 70th Bangkok Gems & Jewelry Fair, to be held from September 9-13, 2024, at the Queen Sirikit National Convention Center (QSNCC).

The Bangkok Gems & Jewelry Fair is a leading international trading platform for gems and jewelry, featuring a wide range of activities and serving as a crucial trading platform for the region. Co-organized by DITP and GIT, it has grown to become one of the top four largest events of its kind in the world.

"We warmly invite UAE businesses, whether as exhibitors or buyers, to participate in the Bangkok Gems & Jewelry Fair," said Phusit Ratanakul Sereroengrit, Director-General of DITP. "This is an excellent opportunity to explore new markets, find high-quality suppliers, and enhance your business prospects while fostering valuable connections."

Don't miss this chance to experience the world's leading gems and jewelry destination! Join us at the 70th Bangkok Gems & Jewelry Fair from September 9-13, 2024, and be part of a global platform that connects you with potential partners and clients from around the world.

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