DMCC and GJEPC hold jewellery talks in Mumbai

The Dubai Multi Commodities Centre’s CEO Ahmed Bin Sulayem met with India’s Gem and Jewellery Export Promotion Council representatives in Mumbai on June 12 for an industry meeting. The organisations conversed to promote continued trade collaboration between India and the UAE.

The GJEPC’s chairman Vipul Shah and vice chairman Kirit Bhansali met with Ahmed Bin Sulayem at the GJEPC’s head office in Mumbai along with the DMCC’s special advisor for precious stones Martin Leake, the GJEPC reported on its website. After welcoming the DMCC representatives, Shah opened the trade talks. Discussions focused on strengthening gem and jewellery trade links between India and Dubai as well as increasing trade volume for diamonds, precious metals, and other precious commodities.
 
The meeting also saw attendance from the GJEPC’s Diamond Panel convenor Ajesh Mehta and executive director Sabyasachi Ray. The Bharat Diamond Bourse’s president Anoop Mehta and vice president Mehul Shah attended the trade meeting to represent the diamond traders’ hub.
 
Founded in 2002, the Dubai Multi Commodities Centre is a free trade and commodities exchange zone in the UAE. The DMCC is located in Dubai’s Jumeirah Lake Towers and its main sectors span precious commodities, steel and metal, energy, and agricultural commodities.
 
Ahmed Bin Sulayem also held a meeting in New Delhi on June 11 in his role as chair of the Kimberley Process for diamond certification, the GJEPC reported. The meeting looked ahead to the rest of the year and discussed ways to advance KP objectives.