Israel invites Lankan international gem and jewellery entrepreneurs for JVs

Saturday, 8 March 2025 00:11 - - {{hitsCtrl.values.hits}}

Israel, a major player in the global diamond and jewellery trade, has invited Sri Lankan gem and jewellery businessmen and designers to collaborate with Israeli diamond traders.

This partnership aims to enhance global demand for gem and jewellery by integrating Sri Lanka’s expertise in gem cutting and jewellery production with Israel’s well-established diamond industry.

The invitation was extended by Israel Diamond Exchange Ltd. President Nissim Zuaretz during a bilateral meeting with Ambassador of Sri Lanka to Israel, Nimal Bandara.

In response, the Embassy of Sri Lanka in Tel Aviv agreed to organise a visit for international gem and jewellery entrepreneurs from Sri Lanka to Israel. This initiative will be coordinated in collaboration with international gem and jewellery exporters and designers, as well as the Sri Lanka Export Development Board (EDB), to explore new business opportunities.

During the discussions, Sri Lanka’s past achievements and contributions to the gem and jewellery trade were highlighted, and potential avenues for cooperation between the two countries were explored.

Israel Diamond Exchange Ltd., President Nissim Zuaretz also highlighted the international business network of the Israel diamond exchange and explained how they operate globally. Ambassador Nimal Bandara requested Israel to establish a business centre in the Colombo Port City project to facilitate easier trade links with South and Southeast Asian markets.

The Embassy plans to facilitate the visit of Sri Lankan gem and jewellery industry representatives to Israel in May 2025. Interested parties can contact Deputy Head of Mission Hemantha Ekanayaka for further information on WhatsApp at +94-718447305.

Israel Diamond Exchange Ltd. Managing Director Eran Zini; Israel-Asia Chamber of Commerce Chairman Anat Bernstein Reich; Deputy Chairman Ron Doron; Deputy Head of Mission Hemantha Ekanayaka; Counselor of the Embassy Nilmini Abeygunawardhana, and Second Secretary, Sanjaya Niroshana also took part in the event.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.