DITP worldwide offices to boost 53rd BGJF with massive numbers of foreign visitors and buyers
Royal Thai Government granted Duty Free privilege for the BGJF
February 5th 2014, Bangkok, Thailand – The Department of International Trade Promotion (DITP) of the Ministry of Commerce, has ordered its 62 overseas trade offices worldwide to entice and bring a large number of international buyers and visitors from around the world to attend the 53rd Bangkok Gems & Jewelry Fair. This boost by the DITP comes as good news for international and Thai exhibitors and is expected to raise the confidence of international traders as Thai protest situation calms down.
4th Communique on Bangkok Protest Situation
The Thai Gem and Jewelry Trader Association (TGJTA) announced today that another major effort by the DITP to boost confidence for the 53rd BGJF by commanding its 62 offices worldwide to tap into its network of international buyers and businesses in gems and jewelry to attend the 53d BGJF en mass. This move is set to relieve concerns due to recent Thai protest situation.
The DITP has at least 62 trade offices in 48 major cities around world along with 5 regional trade centers in Thailand. These offices work closely with international government and trade buyers both public and private and enjoys a good relationship with networks of companies and buyers that sources for products and goods in Thailand.
One of the major attractions of the 53rd BGJF is the new Duty Free privilege that the Royal Thai Government granted this status for the BGJF. Foreign buyers and visitors to the 53rd BGJF who preregistered are expected to take advantage of the recent Duty Free privilege that exempt the customary 20% import duty on all gemstones and jewelry products sold at the fair. The Duty Free privilege as well as the Zero VAT program allows traders to enjoy greater profit margin as well as greater trade freedom.
There are many incentives and promotions for all visitors to the 53rd BGJF such as the Free Hotel Accommodation campaigns for visitors invited by exhibitors of the fair. Additionally, the TGJTA has prepared alternative insurance for all exhibitors in case where overseas insurers will no offer assurances. Please contact Mr. Adisorn Isarankura Na Ayudhya, BGJF Project Manager, for details.
The Thai protest situation has significantly calmed down after the general election son February 2nd. The election was held successfully with no incident and the protest has reduced significantly. All preparations for the 53rd BGJF, from February 25 to March 1, 2014 are now complete.