FNGSGJA presents 27-point proceedings at seminar in Kaski

Gandaki Province Minister for Tourism, Industry, Commerce and Supplies Manibhadra Sharma inaugurates seminar conducted by Federation of Nepal Gold Silver Gem and Jewellery Associations (Fngsgja) in Pokhara Metropolitan City, Kaski district, on Saturday, March 26, 2022. Photo courtesy: Fngsgja

KATHMANDU: Federation of Nepal Gold Silver Gem and Jewellery Associations (FNGSGJA) concluded a two-day seminar in Pokhara, Kaski district, on Saturday. The seminar was held to review the federation’s past and future course of action, the rights and interests of entrepreneurs and the policy process.

Inaugurating the seminar, Gandaki Province Minister for Tourism, Industry, Commerce and Supplies Manibhadra Sharma said that domestic goldsmiths should be produced for the entrepreneurs.

Minister Sharma said most of the goldsmiths in Baglung district were Indian, and suggested that locals should be involved in the jewellery and decorative arts. Stating that the ministry would arrange training to produce skilful goldsmiths, Sharma urged the federation to coordinate in this regard.

Similarly, FNGSGJA President Sureshman Shrestha said that attention should be paid to the promotion, expansion and export of precious metals like gold and silver to fill the existing trade deficit in the country. “If the government facilitates the business of gold, silver, precious stones, gems and jewellery through facilitation, it will help reduce the trade deficit,” Shrestha opined.

At the seminar, FNGSGJA General Secretary Kisan Sunar presented a paper on ‘Review of FNGSGJA’s Past and Future Proceedings’.

The paper mentioned the federation’s demands with the government and 27-point future proceedings. “Imports of the capital goods and industrial raw materials such as gold have been discouraged by comparing it with luxury products like petroleum that are consumed up, this has created a critical situation for keeping this business alive,” the paper said.

The paper mentioned the plan to play a leading role in strengthening the coordination between the government and the federation, establish a gold import company (Gold Bank) and sell gold to all gold traders in a simple manner and put pressure on the state at the policy level.

The paper also includes the point that emphasizes drafting and implementing separate guidelines for raising awareness of the rights and interests of entrepreneurs, maintaining the uniform rate of gold and silver by the federation nationwide, expanding member associations and associate members.

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