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Jan 22 2010 12:20PM
GJEPC clarifies stance on the Chinese diamond smuggling case
 
The GJEPC of India and Shanghai Diamond Exchange will work together for the growth of the diamond trade between the two countries
By: Diamond World News Service
Reference: 4572E-mail to a friend:E-mail to a friendPrint:Print

In response to recent reports in the media on the Gem and Jewellery Export Promotion Council (GJEPC) pulling out of China and calling back of all the goods, the Council has stated that the remarks are incorrect and misguiding.

The reports refer to some Indians detained on 8th January 2010 on charges of diamond smuggling into China. It had been reported that if the Chinese government has raised detention as a reply to the arrest of three Chinese engineers in India (in reference with the industrial accident last September at Balco’s Korba unit, killing 41), the council will think of pulling out of the country.

Refuting the report, Vasant Mehta, Chairman, GJEPC said, “No one from the Council including me has ever made any such statement. The Gem and Jewellery Council and its members respect the laws of all countries, including those of China and does not support any illegal activities. We are aware and acknowledge help of Shanghai Diamond Exchange (SDE) to GJEPC in the growth of official trade between India and China in Diamonds and work along with SDE to grow this business.”

WELL I THINK GJEPC SHOULD TAKE STRONG DECISIONS AND IF THE DETAINED INDIANS ARE INNOCENT THEN WE SHOULD FIGHT FOR THEM OTHERWISE NO MOTHER IN INDIA WILL ALLOW HER SON TO GO IN CHINA FOR DIAMOND OR ANY OTHER BUSINESS FOR ANY BIG MEMBER OF GJEPC OR ANY BIG DIAMOND MECHANT OF INDIA THEY SHOULD THINK WISELY.

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Indian diamond traders all over the world should show unity while selling their products anywhere there's VAT is involved in any country. Even DeBeers, International Diamond Council, & all major diamond trade associations should work togather with the governments of all major diamond trading nations to work out some uniform policy/tax structure for diamond trading to remain a legitimate product of trade. No diamond trader wants to see themselves arrested anywhere just because of unreasonable tax structure anywhere in the world.

law of the land should be followed with all respects and never ever try to get sympathy for wrong doing.enforcing the law is important duty.use lawyers to defend . councile of consulates has to stay away.

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