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Fine Jewellery : France retains much of her prestige for fine jewellery. As a manufacturer and retailer, France ranks among the best in the world. There are designers, craftsmen and gem setters in hundreds. Retail trade has a profusion of women both as sellers and buyers.

Current there a about, 60 French gems and jewellery enterprises which employ so people in the production and retail trade and use more than 35 tonnes In its manufacturing. There are nearly 10,000 retailers in France and the jew section represents 66% of the total turnover of the precious sector.

France has a traditional and is known since long for manufacture of fine, artistic jewellery which njoys goomand, both internally and overseas. Like India, France is known for priv. te gold holdings.. 8 Kt. gold is considered standard for jewellery.

Besides gold and gems-studded jewellery, France also manufactures beautiful costume jewellery.

Historical Jewellery Capital: Since the 16- century, French jewellery crafts persons have been designing and manufacturing, on the first floor of the fine Lyon town houses, jewels that arouse desire and are admired in Place Vendome and Fauburg St.-Honore in Paris.
Lyon, the traditional birthplace of fine jewellery is continuing the tradition. Today, more than three million jewels and precious stones are produced in the 400 workshops of Lyon, making it the area in France with the greatest number of jewellers and which "hallmarks the most".

Quality Control: In France, quality control of the various precious metals is exercised by an official organization and all the articles are guaranteed. France is probably the only country in the world where such a strict policy is applied, both for the local market and for exports.

Synthetics: France takes interest in synthetic gemstones too. A new French synthetic emerald is marketed under the trade name 'Lennix'. It is flux-grown.

Trade Organizations: Chamber Syndicate Nationale du Diamant (C.S.N.D.) is the French Association of the ones and pearls sectors, located in Paris. The French Capital's Pierres Precieuses (C.F.P.P.) is a member of the World Bourses.
The French Jewllery Manufacturers' Association has an active promotion policy for its members.

Taxes & Duties: Precious gemstones and the jewellery imported into France have to be declared. They are liable for payment of Value Added Tax (VAT.), if they are sold in the French market. But if they are re-exported after storage within a bonded area like Centre Francais des Pierres Precieuses, they can be imported free of taxes.Exports:
France exports jewellery, colored gemstones and pearls to Switzerland, USA, Germany, U.K., Japan and the Arab countries.

Trade with India: France figures prominently in the list of the top dozen buyers of Indian gems and jewellery. Imports from India include cut and polished diamonds, colored gemstones, pearls, nongold jewellery and imitation jewellery.
Some Indian precious goods also find their way to France via other countries.