Bangkok, Department of International Trade Promotion (DITP) and the National Gem and Jewelry Institute of Research and Development. (Public Organization) or GIT with the Executive Committee Organizing events from both the public and private sectors, 13 agencies, to hold a press conference for the gem and jewelry exhibition "Bangkok Gems and Jewelry Fair" or "Bangkok Gems", the 69th edition, on February 21-25 at the Bangkok Convention Center. Chat Sirikit Expected to create trade value of not less than 3.3 billion baht Mr. Phusit Rattanakul Serererngrit Director-General of the Department of International Trade Promotion revealed that 'Bangkok Gems is a gem and jewelry exhibition. The largest international level is ranked among the top 5 in the world and is an important trading platform for driving the economy of Thailand. Because in 2023 gems and jewelry are the third export product of Thailand's overall exports. By the value of gem and jewelry exports (including unwrought gold) has a total value of 14,787 m illion US dollars. If it is the value of exporting gems and jewelry (excluding unwrought gold) has a total value of 8,808.49 million USD. which is considered to have expanded by 9.61% compared to the same period last year. In addition, there are also entrepreneurs in the industry from upstream to downstream. And nearly 800,000 people are employed in the supply chain. This trade fair is considered another important mechanism in driving the Thai gem and jewelry industry. and reinforce Thailand as an important center for gem and jewelry trade in the world.' Mr. Sumet Prasongphongchai, Director of GIT, said, 'The Bangkok Gems and Jewelry Fair is an important milestone for gem and jewelry traders from around the world who will come to negotiate trade and order products from entrepreneurs. Thai Especially trading colored gemstones in Thailand, we have the 3rd market share in the world because we have skilled craftsmen who have the ability to cut and improve the quality of gemstones that are praised all over the wo rld. and from the success of the past event As a result, the number of reservations for exhibition space this time has exceeded the target set. There will be leading exhibitors from both Thailand and abroad participating in the exhibition of more than 1,100 companies in 2,500 booths. It is expected that there will be no less than 40,000 visitors from around the world and It is expected to create trade value of not less than 3,300 million baht.' In addition to displaying products There will also be many interesting activities at the event such as Networking Reception, New Faces product exhibition zone, The Jewelers new designer zone, and Thai superstitious jewelry exhibition 'Rit RICH' which is one of the software. Power of Thailand as well as advisory activities regarding exports From representatives of the Overseas Trade Promotion Office and seminars providing knowledge on production techniques, marketing and many more. In addition, an important highlight of this event is Department of International Trade Promotion and the National Gem and Jewelry Research and Development Institute Received royal grace from Her Royal Highness Princess Sirivannavari Nariratana Rajakanya His Majesty presided over the opening ceremony. He also granted royal permission to display his royal jewelry designs under the brand SIRIVANNAVARI x BEAUTY GEMS in the special exhibition 'Heirlooms of Elegance,' which is an exhibition of high-end jewelry collections that showcase His Majesty's genius in design. His jewelry which shows the aesthetic genius of the designer. and royal aspirations To promote the Thai gem and jewelry industry and the works produced by entrepreneurs in the Thai gem and jewelry industry. Demonstrates production potential with high sophistication on par with world-famous brands. The 69th Bangkok Gems and Jewelry Fair is scheduled to take place from February 21-25, 2024, with full exhibition space in Halls 1-8 on both the G and LG floors of Queen Sirikit National Convention Center, Bangkok. Follow for more information. Get it at www.bkkgems.com or facebook.com/Bangkokgemsofficial. Source: Thai News Agency