Gem businesses urged to sell more finished products

THE Myanma Gem Emporium Central Committee held a meeting for holding 56th Myanma Gems Emporium yesterday afternoon at Mani Yadana Jade Hall in Nay Pyi Taw.

First, Central Committee Chairman Union Minister for Natural Resources and Environmental Conservation U Ohn Win said Myanmar Gem Emporium Central Committee had formed work committees and through the management of the central committee and efforts of the work committees, successes were achieve in the past emporiums. Gem business owners and gem merchants coming to buy the gem lots are to follow the emporium rules and regulations and past emporiums’ strengths are to be maintained while weaknesses are to be improved.

Nature of gems is such that it is natural resources that are irreplaceable. In order to achieve good prices, the sales are to be controlled. If the sale is systematically controlled, higher prices can be fetched and the market will be strengthened. Gem business owners are urged to set up arrangements to produce, display and sell more finished products rather than selling it in a raw state. Work committees are to conduct better methods than those used in the past emporiums so that the gem emporiums reach an international level and are requested to provide suggestions said the Union Minister.

Next, responsible persons from management committee, jade work committee, gems work committee, pearl work committee, security committee, financial work committee and Myanmar Gems and Jewellery Entrepreneurs Association conducted sector wise discussion and provided suggestions. 2019 56th Gems Emporium will be held from 11 to 28 March at Mani Yadana Jade Hall in Nay Pyi Taw and gem, jade and pearl lots will be sold under an open tender system it is learnt.

MNA

(Translated by Zaw Min)

PHOTO: MNA

Ref; The Global New Light of Myanmar