Pakistan

Pakistan Announces First International Gemstone Expo to Tap $450 Billion Global Market

Islamabad: Pakistan is set to organize its first-ever International Gemstone Expo as part of efforts to connect its vast gemstone reserves—estimated to be worth around $450 billion—with the global market.
The initiative aims to formally integrate precious stones such as emeralds, rubies, and topaz into the international trading system, moving away from informal and unregulated trade practices.
Officials said the expo will attract international buyers, investors, and experts to Pakistan, while also improving transparency, quality standards, and value addition across the gemstone supply chain.
The move is part of a broader national strategy to strengthen exports, increase foreign exchange reserves, and create new employment opportunities in the mining and trade sectors.
Authorities emphasized that Pakistan aims to position itself as a competitive player in the global gemstone industry, enabling local traders to access international markets more effectively.
Experts believe that if implemented effectively, the initiative could unlock significant economic potential and transform the largely underutilized gemstone sector into a key contributor to the national economy.

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