Panama Diamond Exchange's roadshow to travel to Chile 22.07.2015: ... visiting Santiago from July 27 to 29 The next stop for the Panama Diamond Exchange's traveling roadshow is the

... visiting Santiago from July 27 to 29




The next stop for the Panama Diamond Exchange's traveling roadshow is the Chilean capital of Santiago, where a delegation of visiting PDE members will meet with key representatives of the local jewelry trade from July 27 through July 29.
 

To date, 11 companies with offices in the World Jewelry Hub in Panama City have registered to be part of the PDE delegation, which will be led by Judy Meana, PDE Vice President, together with Lilibeth del Castillo, PDE Office Manager.
 

This is the fourth PDE roadshow to travel to South America in the past two months, with previous delegations visiting Lima, Peru; Bogotá, Colombia; and Guayaquil, Ecuador.


The visits are part of the World Jewelry Hub's two-pronged outreach program in Latin America, which includes periodic diamond and jewelry weeks bringing buyers to the World Jewelry Hub in Panama City, as well as roadshows taking PDE members directly into the region's most important jewelry markets.
 

A highlight of the visit will be a B2B networking event on July 28 at the DoubleTree by Hilton Hotel Santiago - Vitacura, in the city's business and commercial center. Featuring a presentation about the World Jewelry Hub and its development program, the event will provide the opportunity for delegation members and key Chilean jewelers to meet and schedule one-on-one meetings.
 

With its stable democracy, steady economic growth and a sophisticated retail infrastructure, in 2010 Chile became the first and only South American nation to join the Organization for Economic Cooperation and Development (OECD), the exclusive club of 34 developed Western economies.


 Its government's liberal customs policies enable the country's retailers to attract buyers both locally and from the large neighboring markets of Argentina and Brazil, and it is an increasingly prominent jewelry supplier, with the annual total revenue of the sector forecast to reach $800 million by 2018, about double its value in 2010.
 

"Chile is a market that is firmly on our radar," said Ms. Meana. "With a median per capita household income of $14,000, it is home to Latin America's most uniformly affluent population, and that offers tremendous opportunity for the diamond, gemstone and jewelry sectors.


The synergies that exist between our members and its jewelry sector are obvious. I firmly expect the Chilean trade to become a fixture both in the Panama Diamond Exchange and the World Jewelry Hub."
 

Among the PDE member companies scheduled to join the  Chile roadshow are: AA Diamondz, A Diamante Group, De Viany Jewelers, DHV America, GemDiam (KiranGems), Gran Sabana Diamonds, MP Diamonds, Niru Group, Rosy Blue, Shlophili, and Yakubov Group Panama.
 

 
Located in the Santa Maria Business District of Panama City, the World Jewelry Hub (WJH) is a dedicated center that serves the specialized needs of the diamond, colored gemstone and jewelry sectors, and is designed to serve as the primary trading center in Latin America and the access point to the region for industry professionals from around the world.


 Home to the Panama Diamond Exchange (PDE), the region's only recognized diamond bourse, WJH has been authorized as a Gemstone and Jewelry Free Zone by the Government of Panama, where transactions conducted within it are exempt from duties and other taxes.


The first phase of the WJH complex was completed at the end of 2014. The second phase, which includes the construction of multi-story office tower, will be completed by the end of 2017. For more information see www.pde.com.pa. 


 
- Steven Benson -  photo PDE