💎 Sri Lanka Targets Up to $3 Bn in Gem & Jewellery Exports via Gem City Ratnapura 2026

The Government and National Gem and Jewellery Authority (NGJA) have set a national economic goal to elevate gem & jewellery export revenues to $3 Bn by 2030 ($2 Bn targeted by Ministry of Industry), emphasizing value addition, gem tourism, and international trading hub status. • Key Highlights & Initiatives • Transitioning from raw exports to high-value cutting & polishing, certified labs, custom design, research, and branding. • Promoting gem tourism in Ratnapura by integrating local mines, museums, cutting centers, and workshops. • Streamlining trade via simplified import-export rules, supply chain traceability, and fiscal policy support. • Strategic focus on expanding diamond processing, gold manufacturing, and sustainable practices (eliminating child labor, empowering women). • International Participation & Markets • Showcased at the 3rd annual "Gem City Ratnapura 2026" exhibition in Pelmadulla. • Attracted buyers and delegations from key markets: India, Pakistan, Thailand, USA, China, Spain, Japan, Poland, Ethiopia, and broader Europe. • Key partnerships forged with Thailand for technology and market access, alongside diplomatic promotion through overseas Sri Lankan missions.