"Literally Yuri Trutnev held a meeting last week to support the diamond cutting industry in Russia and adopted a number of decisions that will help the Russian diamond cutting industry emerge from the crisis and compete with foreign diamond cutting companies. It touched on the theme of development of Vladivostok on the basis of a free port, and Vladivostok will develop as a diamond center. The plans we have good, and I think that the prospects there, "- he said.
At the same time Ivanov noted that one Indian company intends to develop diamond cutting business in Vladivostok.
"We will welcome the appearance of another player," - said Ivanov.
Earlier Tass reported that the Indian group KGK company intends to develop diamond jewelry cluster in Primorye.
For the development of jewelry and lapidary industry in the country on March 15 in Vladivostok was opened first in the Far East "diamond" customs post, which will monitor the movement of precious stones and metals, together with the overseers of Gokhran of Russia, which will strengthen the control over provided by the law operations and make customs operations and produce custom control in the shortest line. Customs post situated in the territory of a temporary storage warehouse of the Eurasian Diamond Center. The first auction at the site of the Eurasian Diamond Center in Vladivostok held in early September 2016. Then ALROSA sold rough and polished diamonds totaling more than $ 18 million.
Eurasian Diamond Center project includes the creation of the territory of the Free Port of Vladivostok infrastructure cluster that will bring together the company's diamond industry and is focused on export-import operations with the countries of the Asia-Pacific region, especially China, India, Japan and South Korea. At the Center placed representatives of companies for the extraction and sale of diamonds, diamond manufacturers and jewelry, gemological laboratories, banks, insurance companies, specialized carriers, customs brokers, as well as a specialized customs office and state inspectors.
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Gareth Mostyn (Gareth Mostyn), CFO of De Beers, said that India's diamond sector is going through a difficult phase, as international orders are drying up and the diamond makers are faced with financial difficulties. This top manager said in an interview with Business Standard.
Gareth also expressed confidence that the strengthening of the US dollar also had a negative impact on the Indian diamond market, but at the same time there are signs of improvement in demand.
He also spoke about the Ad Hoc Customs India Zone (Special Notified Zone, SNZ). Gareth said that De Beers' in India have many customers, who have to go to other countries to buy the diamond mining company. However, given the fact that De Beers also has its own electronic platform for conducting auctions, the creation of a special zone will also be a positive step. Gareth added that India has now been turned into the world center of the diamond trade and industry.
Speaking of De Beers operations in India, he said that this country is a very important market for the company, and that a large number of clients De Beers - Indians. He added that De Beers is planning to do to promote their brand Forevermark in India to stimulate demand.
With regard to the De Beers's ability to conduct diamond mining in India, Gareth said that currently the company has no such plans.
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