The Thai Gem and Jewelry Traders Association (TGJTA) held its 2024 Annual General Meeting at the Association’s headquarters, with board members and association members attending in full participation. The meeting featured a presentation by Mr. Chomphol Phornchindarak, President of TGJTA, together with the executive team, reporting on the Association’s key achievements throughout 2024 under the policy framework for the 2024–2026 term.
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During the meeting, the President provided an overview of the Association’s progress, highlighting TGJTA’s core vision to position Thailand as a global leader in the gem and jewelry industry. This vision aims to elevate the sector as a major economic pillar of the country while advancing the role of gems and jewelry as a recognized “Investment Asset” through the development of the Gemports initiative.
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The report reflected meaningful advancements across several areas, including strengthening Thailand’s position as an international trading hub, supporting Thai businesses in enhancing their global competitiveness, and fostering a business ecosystem conducive to long-term industry growth. TGJTA also continued to build international partnerships and expand into key global markets such as China, India, the United States, the European Union, and the Middle East—all crucial to ensuring sustainable expansion of Thailand’s production and export capabilities.
A significant highlight was the progress of Gemports, a strategic initiative under the current administration. The project has advanced toward establishing internationally recognized standards for gemstone investment, enhancing price transparency, and developing a secure global trading platform. These efforts aim to increase investor confidence and promote gems and jewelry as a valuable asset class in the global economy.
TGJTA remains committed to driving the sustainable growth of Thailand’s gem and jewelry industry, strengthening its global competitiveness, and supporting its continued role in the country’s economic development.
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