GJEPC hosts webinar on logistics management in Middle East market 

Webinar provided a comprehensive overview of how exporters can leverage Dubai’s strategic location and advanced logistics infrastructure to enhance their operations 

Dubai –The Gem and Jewellery Export Promotion Council (GJEPC) held a webinar on May 15 titled “How to Manage Your Logistics in the Middle East Market”. The event aimed to provide exporters with insights on the UAE’s rising prominence as a global hub for secure logistics, particularly in the handling of high-value items such as diamonds, gold, and luxury goods. 

Ashish Sakhardande, Head of the India Jewellery Expo (IJEX), moderated the session. The webinar featured Girish Mathrani, Business Development Manager at Transguard, as the guest speaker. Mathrani highlighted Dubai’s robust infrastructure, strategic advantages, and Transguard’s pivotal role as the logistics partner for GJEPC’s IJEX located in Dubai’s Gold Souk. 

The UAE has solidified its status as a major player in the gold trading market, with gold exports contributing AED 218.3 billion to the country’s non-oil foreign trade in the first half of 2023. Dubai also leads in rough diamond trading, with the combined value of rough and polished diamonds reaching $38.3 billion in 2023. Notably, India’s bilateral trade with the UAE stood at $85 billion in the 2022-23 fiscal year, with the gems and jewellery sector accounting for $20.56 billion of that trade. 

Mathrani elaborated on Transguard’s role in providing secure logistics services for high-value items. These services include import/export customs clearance, air freight forwarding, secured storage and transportation, insurance, and international exhibition management. He underscored IJEX’s importance as a gateway for Indian gem and jewellery trade into the MENA region, facilitated by Transguard’s management. 

“IJEX allows for duty suspension for marketing purposes and supports re-exports to non-GCC countries,” Mathrani noted. He also explained that under Transguard’s arrangements, shipments cleared under Temporary Admission (duty suspension) can remain in the UAE for up to 165 days from the date of entry. Transguard is collaborating with UAE authorities to develop a solution for the sale of goods under Temporary Admission, with details to be announced in the near future. 

The webinar provided a comprehensive overview of how exporters can leverage Dubai’s strategic location and advanced logistics infrastructure to enhance their operations in the Middle East market. 

Retail Jeweller ME News