The ambitious gemstone exhibition, halted over a decade ago, is
scheduled to be held at Mount Meru Hotel in Arusha between April 26 and 29.
The exhibition aims to showcase the country’s vast mineral
potentials.
The exhibition which used to be held annually for nine consecutive
years was halted in 1998 after the government had discovered that some dealers
were abusing gemstone licences for their personal gain.
The event organizing committee chairman, Mr Abe Suleiman, said the
four-day event entails to show rough and cut stones, jewellery, lapidary
equipment and education.
He said there are 40 pavilions at the exhibition
grounds and a number of buyers and sellers are expected to meet and conclude
deals and establish crucial business links.
According to the chairman, the buyers are expected to come from USA,
Canada, Brazil, Europe, India, Thailand, Australia, Japan, South Africa and
some neighbouring countries.
“This is going to be a show for qualities and not
quantities,” Mr Suleiman said.He said the show will be restricted to those who
have been officially registered to participate, mostly licensed gemstone
dealers.
He said that booths are available at a minimal fee of 500 US dollars
under the first come-first served basis.
A statement issued by the Ministry of
Energy and Minerals last week said that a significant number of local licensed
gemstone dealers have registered to take part and more are expected to do so
before the deadline set on March 28.
“Through this regional concept, the participating countries will be
able to share resources and knowledge, in order to build a value-additional
infrastructure that brings more direct benefit back to their countries,” the
statement reads.
The event, designed to be an annual affair, will feature all
the gemstones mined in the country.
The Ministry of Energy and Minerals estimates that the previous
gem-shows generated up to 600,000 US dollars (about 900m/-) annually. Seven
such exhibitions were held at the Mt Meru Hotel in Arusha from 1992 to
1999.With the gem-show and raw tanzanite export ban, revenues are likely to up
sharply.
Other high value gemstones, whose demand in foreign markets remains
high, are being mined in various parts of the country. They include diamonds, emerald, ruby, saphhire, amethyst,
topaz, aquamarine, tourmaline, quartz and rhodelite
Source: The Daily News, dailynews.co.tz, reported by Abduel Elinaza
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