National News
Belgian Delegation Visits GJEPC to Strengthen Bilateral Trade Ties
The Gem & Jewellery Export Promotion Council (GJEPC) hosted a high-level delegation from Belgium at its head office in Mumbai to foster strategic dialogue and collaboration within the gem and jewellery sector.
The Belgian delegation included H.E. Mr. Frank Geerkens, Consul General of Belgium in Mumbai, and Mr. Jonas Heirbrant, Trade Counsellor at the Embassy of Belgium. They were welcomed by Mr. Shaunak Parikh, Vice Chairman of GJEPC, and Mr. Sabyasachi Ray, Executive Director of GJEPC.
During the meeting, both sides held in-depth discussions on key industry issues such as EU-India trade negotiations, G7 compliance regulations, tariff structures, banking and financial hurdles, and the need for smoother visa facilitation for business travel. The dialogue aimed to enhance mutual cooperation and support between the two nations in the evolving global trade landscape.
- Visit gives CG greater insights into diamond trade and import-export operations
- BDB Committee Highlights Close Ties between Diamond Industries in UAE and India
The Hon’ble Consul General of India to Dubai, Shri Vishnu Vardhan Reddy, visited the Bharat Diamond Bourse (BDB) complex on July 24, and after being shown around the complex, engaged with members of the Bourse Committee.
The visit enabled the Consul General to gather better insights into the functioning of the diamond trade and the operations within the Bourse. He also observed the smooth functioning of import-export trade in diamonds between the two countries, facilitated by the PCCCC run by Indian Customs within the complex.
The UAE is one of India’s most significant trading partners in the field of diamonds and jewellery. Bilateral trade between the two countries reached US$33.51 billion in FY2025-26.
In addition to a tour of the complex to understand the complete cycle from the import of rough diamonds to the export of polished diamonds, Shri Vishnu Vardhan Reddy also spent time interacting with Mehul Shah, Vice President, BDB, and other Committee members.
The BDB Committee highlighted the close connections between diamond companies in Mumbai and those in Dubai, as well as the regular interactions between the two centres. They thanked Shri Vishnu Vardhan Reddy for the cooperation they have always received from the Indian Embassy and expressed confidence that this visit would further streamline the movement of import-export parcels between the two countries.
Shri Vishnu Vardhan Reddy appreciated the global standards of the infrastructure and systems within the Bharat Diamond Bourse, as well as the professionalism with which the import-export trade operates. He assured the BDB Committee of the continued support of the officials at the Indian Embassy in the UAE.
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