Pakistan Has The Potential to Increase Its Gemstone Exports

In order to strengthen the economy of Pakistan, Qurban Ali, Chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), claims that the nation may expand its annual gemstone exports to $32 billion.

In a statement on Tuesday, he stated that in order to raise the value of precious and semi-precious stones and strengthen their competitiveness in the global market, gemstone exporters must embrace innovation and new technologies.

To fully utilise Pakistan’s precious and semi-precious stones, he said, “we need to establish a technology and innovation-driven economy to attract foreign investors from the European Union and the United States.”

He thinks the establishment of gem testing labs is necessary to advance Pakistan’s business abroad.

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