Regulatory reforms to boost Sri Lanka’s gem and jewellery industry: NGJA Chief - Daily FT

Friday, 2 October 2026 00:02 - - {{hitsCtrl.values.hits}}

By Michelle Therese Alles The National Gem and Jewellery Authority (NGJA) is working on policy and regulatory reforms to boost Sri Lanka’s gem and jewellery industry, including relaxing regulations that may leave room for unlawful or unethical practices. Speaking at the launch of JEWELS 2026, the International Gem and Jewellery Exhibition and Competition organised by the Gemmologists Association of Sri Lanka (GASL), NGJA Chairman and CEO Prof. S.P. Chaminda said the Authority was taking steps to create greater opportunities for legitimate industry players. Chaminda added that the NGJA would fund the participation of over 15 SME groups at FACETS 2026, as part of efforts to help smaller businesses develop into larger exporters and exhibitors. Scheduled for 4 to 6 December, JEWELS 2026 will be held at the Colombo Lotus Tower on the 25th and 26th floors under the theme ‘From Sri Lanka to the World’. JEWELS Chairman and GASL President-Elect Shehan Daulagala said the exhibition is aimed at creating opportunities for businesses of all sizes, particularly SMEs seeking greater visibility and access to international markets. He also stressed the importance of professionalism and integrity in protecting Sri Lanka’s reputation in the gem and jewellery industry. GASL President Chathurangani Arthanayaka said JEWELS 2026 would help showcase Sri Lanka’s gem heritage, professional standards and industry capabilities to international markets. Sri Lanka Tourism Promotion Bureau Chairman Buddhika Hewawasam highlighted the potential for developing gem-based experiential tourism around mines to increase tourist expenditure through higher-value products and services. He identified India, China and other Asian countries as potential markets, noting their interest in Sri Lankan gemstones. - Pix by Lasantha Kumara

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