All India Gem and Jewellery Domestic Council (GJC), the apex trade body, has urged the country's gems and jewellery industry to cease business transactions with Turkey and Azerbaijan.
This decisive action follows Turkey's public support for Pakistan in the aftermath of the Pahalgam terror attack, which claimed the lives of 26 Indian civilians. Such a stance has raised critical concerns regarding national security and the ethical direction of trade relationships.
Rajesh Rokde, Chairman - GJC, said: “We call upon every jeweller, manufacturer, trader, and wholesaler to stop all transactions with Turkey and Azerbaijan. This collective action reflects our unwavering commitment to national interests and solidarity during Operation Sindoor."
Avinash Gupta, Vice Chairman – GJC, said: “Trade is not just about profit – it is also about principle. By standing firm in our resolve to halt transactions with Turkey and Azerbaijan, we demonstrate that our commitment to the nation surpasses commercial interests."
Even though the jewellery trade has given a call to halt business with Turkey, but insiders said that the gold jewellery is routed through Dubai from Turkey and vice-versa.
The media release issued by GJC said that reports reveal that Indian tourists have also significantly contributed to Turkey’s economy through tourism spending on flights, hotels, and destination weddings. Similar sentiments have also emerged regarding Azerbaijan.
This decisive action follows Turkey's public support for Pakistan in the aftermath of the Pahalgam terror attack, which claimed the lives of 26 Indian civilians. Such a stance has raised critical concerns regarding national security and the ethical direction of trade relationships.
Rajesh Rokde, Chairman - GJC, said: “We call upon every jeweller, manufacturer, trader, and wholesaler to stop all transactions with Turkey and Azerbaijan. This collective action reflects our unwavering commitment to national interests and solidarity during Operation Sindoor."
Avinash Gupta, Vice Chairman – GJC, said: “Trade is not just about profit – it is also about principle. By standing firm in our resolve to halt transactions with Turkey and Azerbaijan, we demonstrate that our commitment to the nation surpasses commercial interests."
Even though the jewellery trade has given a call to halt business with Turkey, but insiders said that the gold jewellery is routed through Dubai from Turkey and vice-versa.
The media release issued by GJC said that reports reveal that Indian tourists have also significantly contributed to Turkey’s economy through tourism spending on flights, hotels, and destination weddings. Similar sentiments have also emerged regarding Azerbaijan.
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