Sixth International Diamond Week in Israel (IDWI), which will take place 13 - 16 February 2017, aroused great interest among the buyers at the international level, and the volume of registration of the participants made a record pace. This was reported in the Israel Diamond Exchange (IDE).
According to her, the number of registered customers, is expected to surpass the previous attendance records for several hundred.
Haim Volner (Haim Volner), the new chairman of the event, said that the registered customers come from more than 20 countries, including the US, UK, Germany, China and India.
"The majority of registered buyers came to us through social networks, where we had a very active campaign there are a high percentage of repeat visitors, but we see a lot of new customers, which is very encouraging.", - he said.
"This year we have added some very significant new opportunities - international tenders for rough and faceted diamonds, a rich social program, free sightseeing tours to Jerusalem and the Dead Sea This is in addition to three free nights at the hotel." - he added.
Volner also said that the main feature of the event will still be a huge selection of diamonds and diamonds that will be offered by hundreds of Israeli and international companies exhibiting products in the commercial IDE hall.
"Customers know that they can find a special stone facets and dimensions, trendy colors, types, series and more It has always been our main feature, and now it leads to an increase in traffic.", - he added.
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To prevent getting benefits jewelers on the difference in interest rates on export jewels, the General Authority for Financial Supervision and audits (Comptroller and Auditor General of India, CAG) of India proposes to revise the system of export promotion in the sector of precious stones and jewels of the country, reports the publication Financial Chronicle .
According to the CAG reports, 2013-2014 and 2014-2015 fiscal years 64% of the volume of imports of gold jewelry in India are in Switzerland, the United Arab Emirates and Hong Kong, despite the fact that the deliveries were made from more than 120 other countries. During this period, he acted so-called "circuit 20:80" on gold imports.
According to this scheme, the jewelers were allowed to import gold on the condition that they must export 80% of its volume after the creation of jewelry. In the aforementioned period, 63% of the gold export was carried out in the United Arab Emirates and Hong Kong.
Now CAG has asked the Ministry of Commerce of India to review the measures to boost gems and jewelery exports in view of the volume and cost of re-importation. It is expected that this will help to protect state revenues and prevent jewelers profiting from the difference in interest rates in different countries.
CAG has also asked the Ministry to take appropriate measures in the rules relating to special economic zones, setting the minimum value added in these areas, as well as assigning a regular inspection of the product stocks for leaks in the domestic tariff area.
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