An important meeting was held today in the office of Surat Diamond Association, in which important discussions were held regarding the diamond industry. Diamond industrialists from Surat had specially gathered along with the delegates from Dubai. The Government of Dubai has been said to announce new schemes to promote the diamond industry.
Opportunity to further expand the diamond industry in Dubai
Special Adviser, DMCC and Secretary, Dubai Diamond Exchange, Martin L.K. It was said by the Dubai government that by starting a company in DMCC, giving relief in income tax and other taxes. Apart from this, special scheme will be announced for the members of Surat Diamond Association to start the company in DMCC. Incorporating a company in DMCC can be exempted from income tax and other taxes declared by the Government of Dubai. During this discussion, there was also discussion on starting more international flights between Surat-Dubai.
Diamond industry will get further boost
Minister of Surat Diamond Association Damji Mavani said that the delegation from Dubai had a detailed discussion with him today. The important thing is that they are also showing willingness to cooperate fully. They are also thinking of arranging more and more flights from Surat to Dubai, as well as Surat’s Labgrown Diamond can also get a good chance to do business in Dubai. An encouraging environment is being created between the two countries to promote the diamond industry very well economically, which will definitely benefit the diamond industry of Surat in the days to come.
