The government has launched a significant initiative to formulate a comprehensive policy framework aimed at unlocking the vast export potential of Pakistan’s gems and jewellery industry, signaling a strategic push to diversify the nation’s economic base.
The high-level decision was made during a meeting of the Sectoral Council for Gems and Jewellery on Thursday, chaired by Rana Ihsaan Afzal Khan, the Coordinator to the Prime Minister on Commerce.
The convention gathered influential figures from the gems and jewellery field, including prominent exporters and officials from relevant government ministries, to deliberate on the industry’s growth prospects and outline future strategic directions.
Mr. Khan highlighted the sector’s strong capability to contribute to Pakistan’s export diversification and economic expansion. He reiterated the administration’s firm commitment to supporting the industry and advancing the mandate to create a detailed policy to guide its progress.
Discussions centered on enhancing the domain’s competitiveness, expanding access to global markets, and identifying areas for public-private collaboration. Key points of focus included facilitating value addition, skill development, and promoting innovation.
Participants emphasized the critical need to adopt modern practices and market-driven strategies to ensure the long-term sustainability and prosperity of the industry.
The meeting concluded with a shared resolve among all stakeholders to work collectively toward a robust development and export policy, acknowledging the sector’s importance as an emerging driver of economic advancement for the country.