The recently elected executive board of Thai Gem and Jewelry Traders Association (TGJTA) has formed a three-pronged priority plan to help surge Thailand’s gem and jewellery merket.

Accordingly, the new board led by veteran Vichai Assarasakorn, will vigorously seek a government approval to promote Thailand to be a free-port for Gems & Jewelry Industry. It will also expect the government to develop a policy to support lending to local small and medium enterprises (SMEs), mainly involved in manufacturing.
The management is also focusing to include China, India, the Middle East, Russia and the Commonwealth of Independent States (CIS) into Thailand's list of new major export outlets. The market penetration campaign into Japan, India, US, Eastern/European markets and Chain will be supported by five expert groups at TGJTA.

Vichai Assarasakorn said that, “As TGJTA is driving to establish a presence in new markets, it is not ignoring the importance of the Southeast Asia as the jewel market for Thailand. ASEAN market potential is also excellent and we are working to make the ten-nation grouping as part of our distribution network..