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Thailand signs deal to boost gemstone, jewelry exports to China

The Gem and Jewellery Institute of Thailand (GIT) has signed a memorandum of understanding with two major Shanghai entities to help Thai gem and jewelry businesses expand in China.

The agreement, signed with Shanghai Jing’an Real Estate Group Import and Export Co. and China Gems & Jade Exchange, focuses on developing industry standards, facilitating market access, strengthening trade links, and enhancing the competitiveness of Thai gemstone and jewelry businesses.

Under the partnership, GIT will provide technical expertise, product standardization, quality certification services, and help connect Thai businesses with potential partners. The Chinese partners will offer guidance on import regulations, customs procedures, bonded warehouse services, logistics, product exhibitions and business opportunities in the Chinese market.

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