Trade spats worry Thai gems and jewellery industry - News Summed Up

Trade spats worry Thai gems and jewellery industry


Rising tariffs and stricter rules are driving the industry towards higher standards, writes Boonsong LipimasMr Surinthorn, centre left, Mr Sumed, centre right, and Mr Suriyon, right, share their views on the gems and jewellery industry. Escalating trade conflicts between major economies are reshaping global supply chains, creating both challenges and opportunities for the Thai gem and jewellery sector, according to the Department of International Trade Promotion (DITP). The department's export promotion strategy now emphasises building supply chain resilience, particularly in the gem and jewellery market, said Mr Surinthorn. Suriyon Sriorathaikul, chairman of the Gem and Jewelry Industry Club under the Federation of Thai Industries, said many recent trade measures, particularly tariff hikes, are aimed at addressing transshipment. "A powerful platform helping to drive the sector is the Bangkok Gems and Jewelry Fair, which has played a significant role in driving industry growth.


Source: Bangkok Post February 05, 2026 03:01 UTC



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