Profile

The Sri Lanka Gem & Jewellery Association (SLGJA) is the apex private sector organisation representing the interests of all industry sub-sectors from mining to manufacturing, wholesale and retail.

SLGJA was established in October 2002 with the amalgamation of four of the industry's top trade associations: Sri Lanka Gem Traders Association (established in 1970); Sri Lanka Jewellery Manufacturing Exporters Association (established in 1979); Sri Lanka Lapidarists and Exporters Association (established in 1985); and Sri Lanka Jewellers and Gem Merchants Federation (established in 1969).

In the 2003 Budget, the Government of Sri Lanka declared SLGJA as the Apex industry body and charged it with a leadership role to formulate industry-level strategies to increase productivity and competitiveness. Since then the association works closely with the government's National Gem & Jewellery Authority and the Sri Lanka Export Development Board to advocate national policy and give input for the industry's regulatory framework.

Currently SLGJA has over 350 members who together account for over 75 percent of the country's gem and jewellery exports.

The primary export is sapphires accounting for over 85 percent of the value of Sri Lanka's total gem exports. In 2012 a total of 18 varieties of sapphires were exported with blue sapphires being the top colour accounting for nearly 60 percent of the value of national exports. Among other top colours are pink sapphires, yellow sapphires and the exquisite Padparadscha or orange-pink sapphires.

Goals

To strengthen and promote industry development with special focus on the industry's prime resource, Ceylon sapphires.

Increase sales of gemstones and jewellery products to overseas markets and attract more international buyers to Sri Lanka;

Facilitate a level playing field among the different industry segments and promote fair trade.

Be recognized as an Association that works to the highest professional standards and ethics and fosters good corporate governance in its practices.

Activities

FACETS Sri Lanka International Gem & Jewellery Trade Show is the flagship activity of the Association. Held annually in Colombo since 1991, Facets Sri Lanka is an impressive showcase of Sri Lanka's top resource, Ceylon sapphires. A range of amazing polished sapphires and finished jewellery are displayed each year by more than 150 companies. In 2013 FACETS Sri Lanka will be held from August 29 to September 1 at the BMICH Exhibition and Convention Centre in Colombo. To increase its international profile, producers and wholesalers from the other gemstone producing countries in Africa, Asia, South America and Australia are invited to exhibit their gemstone products at the show.

SLGJA participates in the main international trade fairs and at several fairs members exhibit together in a Sri Lanka Pavilion.

Industry Achievements

Duty free status for imports of raw material such as gold,
diamonds and gems,Special provisions in the exchange control regulations exclusively for the industry,
Attractive tax incentives for the industry,
The enactment of VAT refunds at the airport,Simplified customs procedures,

Human resource development through an associate organization, the Gem & Jewellery Institute: offers advanced technical training to industry employees as well as a series of programmes in jewellery design, crafting, stone setting and finishing. This programme is supported by trainers from the University of Central England in Birmingham, UK.

SLGJA is working on establishing a world class gem testing facility in Sri Lanka with members contributing the major part of the funds necessary to establish the laboratory.