Sri Lanka’s Competitive Advantages in the Gem and Jewellery Industry

  • Long history of gem cutting – artisan culture which still sustains itself
  • An educated and trainable workforce
  • The availability of a wide variety of precious and semi-precious gem stones
  • A business friendly government,with minimum of formalities providing a wide array of tax incentives
  • Duty free imports of raw materials
  • Active member of International Coloured Gemstone Association(ICA)
  • ATA Carnet system in operation in Sri Lanka and the issuing authority is International Chamber of Commerce in Sri Lanka
  • The country is a signatory to all United Nations and International Labour Organization conventions on Labour including those on Child Labour