GJEPC reaffirms commitment to address G7 compliance concerns
06 October 2023, Mumbai
The Gem & Jewellery Export Promotion Council (GJEPC), which represents Indian gem and jewellery exporters, has reaffirmed its commitment to fostering collaboration in addressing the concerns raised by the G7 regarding industry compliance.
This dedication from the industry comes after a recent visit by a high-powered delegation from G7 nations to Mumbai and Surat during the last week of September.
The delegation aimed to gain a deeper understanding of the Indian gem and jewellery sector and explore strategies for assisting it in meeting G7 compliance requirements with the least possible disruption to the sector.
View
The GJEPC has stated that it is working closely with the Indian government and industry stakeholders to develop and implement a comprehensive compliance framework.
The framework will address all aspects of the gem and jewellery supply chain, from mining to manufacturing to retailing.
The GJEPC is also committed to raising awareness of G7 compliance requirements among industry members and providing them with the necessary support to achieve compliance.
Welcome step
The G7 delegation's visit to India was a positive step forward in the ongoing dialogue between the G7 and India on industry compliance.
The GJEPC's reaffirmation of its commitment to addressing G7 concerns is a welcome development. Continued collaboration between the G7, India, and the gem and jewellery industry is essential to ensuring that the sector is fully compliant with global standards.
