Gems and colored stones: PM Imran briefed on Pakistan’s export potential

Islamabad: A delegation of HRD Antwerp , Europe’s leading authority in grading of diamonds, called on Prime Minister Imran Khan on Wednesday.

The delegation comprised Ms. Katrien De Corte, Vice President HRD Belgium, Mr. Rashid Abdullah, Chairman IBL Group and others. Professor Dr. Atta ur Rehman accompanied the delegation.

Finance Advisor Dr. Abdul Hafeez Sheikh and Commerce Advisor Mr Abdul Razak Dawood were also present. Dr. Atta-ur-Rehman gave a presentation on the export potential of the country in coloured stones and gems.

The Prime Minister was informed that the export potential of the country in gems sector which stood at US$ 1.62 bn in 2012 has witnessed steady decline over the period.

The Prime Minister was informed that HRD Antwerp and IBL Group intend to set up a factory in Pakistan for cutting and polishing of rough stones.

Dr. Atta-ur-Rehman also presented few proposals which could help in tapping the potential of the sector.

The Prime Minister welcomed the interest of HRD Antwerp and said that Government will provide every possible support for successful business venture.