Panama Reports First Export of Jewelry Made in WJH Free Zone

Finance and Trade
01/06/2016 08:32

Panama's World Jewelry Hub has carried out the first export of finished jewelry manufactured in the WJH Free Zone. The transaction was managed under the center’s expanded free-zone license, which now allows manufacturing facilities within its jurisdiction. “This was a small export, but a giant step for the World Jewelry Hub,” said Mahesh Khemlani, President of the World Jewelry and Diamond Hub, Panama, which recently changed its name from the Panama Diamond Exchange. “The expansion of the license allows us to develop the range of activities within our center to include both trading and manufacturing, realizing our vision of becoming a one-stop shop for the jewelry industry.”