Mozambique has also attracted the attention of gemstone and precious metal-hungry Thailand, which signed a Memorandum of Understanding (MoU) with Mozambique at the beginning of 2013. Thailand lacks a supply of raw materials in the local jewelry sector, while Mozambique remains short of knowledge about mineral and gem certification, cutting technology, and value adding. Thailand imports about THB30 billion (Si billion) worth of raw materials for the sector each year. With gold included, the import value reached THB406 billion ($13.17 billion) in 2012. Mozambique is now Thailand's largest provider of raw materials for gems and jewelry, followed by Madagascar, Sri Lanka, and India