According to the latest government figures cited by Rapaport portal, polished diamond imports to the US rose by 2.3% in May year on year and amounted to $ 3.09 billion. This month, the incoming supply are often the highest, because the stones are coming at the June exhibition in Las Vegas.
Import of diamonds by weight increased by 1.3%, to 1.4 million carats, while their average price rose by 1%, to $ 2263 per carat.
Polished exports fell by 1.1%, to $ 1.37 billion, respectively, net polished imports increased by 5.1%, to $ 1.72 billion.
Diamond imports increased more than six-fold, to $ 132 million, and rough exports doubled, to $ 36 million. Net rough imports totaled $ 96 million, compared to $ 1 million a year ago.
The balance of US diamond trade, which is calculated as the difference between total imports and exports of rough and polished diamonds jumped 11% to $ 1.82 billion.
In the first five months of this year, polished imports fell by 0.4% to $ 10.49 billion and exports decreased to $ 3.09 billion for 1.2% to $ 7.4 bn. Net polished imports increased by 1.5%.
http://bridalpearlnecklace.blogspot.ca/
Friday, July 14, 2017
The development of major industry associations and organizations is in line with the strengthening of partnerships with small and medium-sized businesses.
The World Jewelry Center in Panama (World Jewelry Hub, WJH) becoming the industry center of the region, reinforces its leadership and demonstrates an innovative approach to new forms of interaction with the business community.
Ali Pastorini (Ali Pastorini), Senior Vice President, World Jewelry Hub, talking about the prospects of cooperation with Bridgem Network, said: "We understand that the industry is kept on a set of small and medium-sized enterprises: lapidary, jewelry, shopping. This enormous project - to combine all of them to make joint decisions. Even a simple communication becomes a problem when such companies - hundreds of thousands. Therefore, in the LATAM Week in Panama in June of this year, we held business meetings and reached excellent cooperation agreements with industry communication system Bridgem Network ».
President of the World of jewelery and Diamond Center in Panama Mahesh Khemlani (Mahesh Khemlani) said: "The industry should be open and innovative, if it wants to survive. Today, our business has never transnationals. And each of us must have the tools to act quickly and have unlimited access to industry information. Therefore, we paid attention to Bridgem Network. We like it. We believe that our cooperation will be the "engine" of development for all of us. "
Industry b2b Portal Bridgem.com available as a desktop as well as from any smartphone. Particularly impressive is the fact that the functionality in the mobile device does not concede, and in some ways even surpasses the "desktop" version. Service creates a business with a simple free registration and a wide range of functions. According to the creators, "this is just the beginning."
http://pearlsgift.blogspot.ca/
The World Jewelry Center in Panama (World Jewelry Hub, WJH) becoming the industry center of the region, reinforces its leadership and demonstrates an innovative approach to new forms of interaction with the business community.
Ali Pastorini (Ali Pastorini), Senior Vice President, World Jewelry Hub, talking about the prospects of cooperation with Bridgem Network, said: "We understand that the industry is kept on a set of small and medium-sized enterprises: lapidary, jewelry, shopping. This enormous project - to combine all of them to make joint decisions. Even a simple communication becomes a problem when such companies - hundreds of thousands. Therefore, in the LATAM Week in Panama in June of this year, we held business meetings and reached excellent cooperation agreements with industry communication system Bridgem Network ».
President of the World of jewelery and Diamond Center in Panama Mahesh Khemlani (Mahesh Khemlani) said: "The industry should be open and innovative, if it wants to survive. Today, our business has never transnationals. And each of us must have the tools to act quickly and have unlimited access to industry information. Therefore, we paid attention to Bridgem Network. We like it. We believe that our cooperation will be the "engine" of development for all of us. "
Industry b2b Portal Bridgem.com available as a desktop as well as from any smartphone. Particularly impressive is the fact that the functionality in the mobile device does not concede, and in some ways even surpasses the "desktop" version. Service creates a business with a simple free registration and a wide range of functions. According to the creators, "this is just the beginning."
http://pearlsgift.blogspot.ca/
State diamond company in Botswana Okavango Diamond Company (ODC) reported that in the first half of 2016 its diamond sales rose 23% to $ 284 million, and production volumes jumped 35%, to 1.75 million carats.
This year the Okavango could spend five tenders.
According to Reuters, the growth of the company's diamond production was caused by the high levels of the first quarter of this year, when its diamond stocks strongly decreased.
"In the first quarter of 2016 ODC managed to achieve a strong recovery in prices for its diamonds, since stocks of rough diamonds in the industry were low and polishers sought to replenish stocks for their businesses after higher sales in the holiday season in the United States," - said the managing director of ODC Toby Fiers, as quoted by Reuters.
"Since diamond prices again fell slightly, as demand in the market has decreased the prices are lower now than they were in early 2015.", - he added.
Okavango, as expected, had to sell 15% of the diamonds mined company of Debswana, a joint venture between De Beers and the Botswana government.
http://traditionpearlnecklace.blogspot.ca/
This year the Okavango could spend five tenders.
According to Reuters, the growth of the company's diamond production was caused by the high levels of the first quarter of this year, when its diamond stocks strongly decreased.
"In the first quarter of 2016 ODC managed to achieve a strong recovery in prices for its diamonds, since stocks of rough diamonds in the industry were low and polishers sought to replenish stocks for their businesses after higher sales in the holiday season in the United States," - said the managing director of ODC Toby Fiers, as quoted by Reuters.
"Since diamond prices again fell slightly, as demand in the market has decreased the prices are lower now than they were in early 2015.", - he added.
Okavango, as expected, had to sell 15% of the diamonds mined company of Debswana, a joint venture between De Beers and the Botswana government.
http://traditionpearlnecklace.blogspot.ca/
The new CEO of De Beers Bryus Cleaver (Bruce Cleaver) said that consumer demand is the only source of value added in the diamond industry, but at the same time there is a need to continually stimulate it developed, developing and emerging markets.
At the same time, he said, that would be a mistake to take the constant demand for diamonds for granted.
"The assumption that the factors that affect demand in the past, will be the same as now, is false," - he said in a statement Cleaver in De Beers blog.
"We must accept the fact that consumer trends are changing, and they provide us with opportunities for growth Whether stimulating demand, protect the stability of production or increasing its production, investment -. A key instrument through which we can play a crucial role in shaping our future" , - he added.
Cleaver also said that De Beers group of companies is also important to maintain close relations with all participants in the industry because they are the "cornerstone" of the diamond industry.
"De Beers is in a unique relationship with consumers, buyers of rough diamonds, various governments, local communities and retailers Moreover, for each of these groups is not only what we do but how we do it." - Cleaver continues.
"We should never lose sight of the fact that the diamond supply chain success to be successful each of its constituent parts", - concluded the CEO of De Beers.
http://pearlgiftjewelry.blogspot.ca/
At the same time, he said, that would be a mistake to take the constant demand for diamonds for granted.
"The assumption that the factors that affect demand in the past, will be the same as now, is false," - he said in a statement Cleaver in De Beers blog.
"We must accept the fact that consumer trends are changing, and they provide us with opportunities for growth Whether stimulating demand, protect the stability of production or increasing its production, investment -. A key instrument through which we can play a crucial role in shaping our future" , - he added.
Cleaver also said that De Beers group of companies is also important to maintain close relations with all participants in the industry because they are the "cornerstone" of the diamond industry.
"De Beers is in a unique relationship with consumers, buyers of rough diamonds, various governments, local communities and retailers Moreover, for each of these groups is not only what we do but how we do it." - Cleaver continues.
"We should never lose sight of the fact that the diamond supply chain success to be successful each of its constituent parts", - concluded the CEO of De Beers.
http://pearlgiftjewelry.blogspot.ca/
The Gemological Institute of India (Gemmological Institute of India, GII) , is a project of the Council for the promotion of exports of gems and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), together with the Indian Diamond Exchange (Bharat Diamond Bourse, BDB) has introduced a new device, which detects synthetic diamonds within a few seconds.
The device, called «Quick-Check» ( «A quick check"), has been developed by our own research team Gemological Institute of India in collaboration with Arotek, producing scientific instruments.
Quick-Check machine requires only a few seconds to scan the diamonds of type IIb, obtained by the HPHT (High Pressure High Temperature) using high pressure and high temperature as soon as they are loaded in the camera unit for verification. Quick-Check is easy to use and does not require highly professional, unlike currently available sophisticated scientific instruments to test the diamonds.
Commenting on the introduction of this tool, Bakool Mehta (Bakul Mehta), GII manager, said: "Now, with the introduction of Quick-Check, we can immediately and with absolute results detect synthetic diamonds of type IIb, obtained by HPHT. This affordable device makes it possible to reduce the threat of mixing synthetic diamonds with natural market. It is very important to maintain customer confidence. I invite retailers and manufacturers to take the initiative and take advantage of this device. "
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "We want to protect themselves against any threat of unlawful mixing synthetics with natural diamonds. With the advent of this device industry will benefit the most, because the detection of synthetic diamonds with it will strengthen the supply of natural diamonds. I am very impressed with the ease of use and availability of this device. "
Russell Mehta (Russell Mehta), deputy chairman of GJEPC, said: "This is a landmark achievement of the Gemological Institute of India. India is one of the largest diamond centers, and this initiative will help build confidence in the trading community. "
http://royalpearljewelry.blogspot.ca/
The device, called «Quick-Check» ( «A quick check"), has been developed by our own research team Gemological Institute of India in collaboration with Arotek, producing scientific instruments.
Quick-Check machine requires only a few seconds to scan the diamonds of type IIb, obtained by the HPHT (High Pressure High Temperature) using high pressure and high temperature as soon as they are loaded in the camera unit for verification. Quick-Check is easy to use and does not require highly professional, unlike currently available sophisticated scientific instruments to test the diamonds.
Commenting on the introduction of this tool, Bakool Mehta (Bakul Mehta), GII manager, said: "Now, with the introduction of Quick-Check, we can immediately and with absolute results detect synthetic diamonds of type IIb, obtained by HPHT. This affordable device makes it possible to reduce the threat of mixing synthetic diamonds with natural market. It is very important to maintain customer confidence. I invite retailers and manufacturers to take the initiative and take advantage of this device. "
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "We want to protect themselves against any threat of unlawful mixing synthetics with natural diamonds. With the advent of this device industry will benefit the most, because the detection of synthetic diamonds with it will strengthen the supply of natural diamonds. I am very impressed with the ease of use and availability of this device. "
Russell Mehta (Russell Mehta), deputy chairman of GJEPC, said: "This is a landmark achievement of the Gemological Institute of India. India is one of the largest diamond centers, and this initiative will help build confidence in the trading community. "
http://royalpearljewelry.blogspot.ca/
China's largest jewelry retailer's share in the Chow Tai Fook market showed a slight decrease in same-store sales in mainland China in the quarter that ended in June, due to the increase in sales of jewelry with precious stones. At the same time, the company reported that sales in Hong Kong and Macao remained weak.
Quarterly retail sales of the group of companies in Hong Kong and Macao fell by 22% compared to the same period last year, while in mainland China fell by 13%, resulting in an overall drop in the indicator by 17%. Sales of jewelry with precious stones in stores in mainland China open at least a year, fell by 12%. It is twice more than a slight decrease on the previous year.
"Given the huge market in China, we maintain our target of opening 50-60 new stores in this area in the current financial year", - said Kent Wong (Kent Wong), Managing Director of Chow Tai Fook.
He also said, Chow Tai Fook will stick to its plan to close 7-8 stores in Hong Kong, as sales in Hong Kong and Macao remain weak against the background of stagnation in consumer sentiment and due to reduced number of tourists from the mainland.
http://bridalpearlnecklace.blogspot.ca/
Quarterly retail sales of the group of companies in Hong Kong and Macao fell by 22% compared to the same period last year, while in mainland China fell by 13%, resulting in an overall drop in the indicator by 17%. Sales of jewelry with precious stones in stores in mainland China open at least a year, fell by 12%. It is twice more than a slight decrease on the previous year.
"Given the huge market in China, we maintain our target of opening 50-60 new stores in this area in the current financial year", - said Kent Wong (Kent Wong), Managing Director of Chow Tai Fook.
He also said, Chow Tai Fook will stick to its plan to close 7-8 stores in Hong Kong, as sales in Hong Kong and Macao remain weak against the background of stagnation in consumer sentiment and due to reduced number of tourists from the mainland.
http://bridalpearlnecklace.blogspot.ca/
Rockwell Diamonds reported that its revenues from diamond sales in the first quarter of fiscal year 2017 increased by 41%, to 12.1 million Canadian dollars.
The increase was mainly due to increased production at the project Remhugte / Holsloot (Remhoogte / Holsloot, RHC) due to increased production volumes and processing of rock.
Revenue from beneficiation Rockwell fell by 56%, up to 400,000 Canadian dollars, against 900 000 Canadian dollars in the same period last fiscal year.
Thus, for the first quarter revenues of 12.5 million Canadian dollars versus $ 9.2 million a year earlier.
"Rockwell beginning of the 2017 fiscal year with a significant change in the operational profile compared to last year. We have suspended operations on Niveyarskraal mine (Niewejaarskraal), sold mine Tirizano (Tirisano), acquired Remhugte / Holsloot project, and, contrary to expectations, continued to prey on Saksendrift ( Saxendrift), albeit in reduced quantities in terms of production and content of diamond in the rock ", - said General Director of Rockwell Dzheyms Kempbell (James Campbell).
"2016 fiscal year was a difficult period of restructuring our results, which have improved significantly in the first quarter of fiscal year 2017 reflect the improvements that we carry out after the end of 2016 fiscal year of strategic decisions.", - he added.
Campbell also said that production at the RHC has stabilized after a difficult six months.
"We are pleased to announce the stable development of the newly commissioned project Vouterspen (Wouterspan), production of which is expected to begin in August 2016. We are confident that our new profile operations in the Central River region of the Orange (Middle Orange River, MOR) South Africa will allow us to process 350,000 cubic meters of gravel per month until the end of 2017 fiscal year "- continues CEO of Rockwell.
However, the company noted that the diamond market remained stable during the reporting period, as well as a recovery in prices was observed at the beginning of this year.
"Secondary market demand has improved due to the replenishment of diamond manufacturers, but there are concerns about potential oversupply within the diamond market as soon as the goods are placed in diamond water", - noted in the company.
"While diamond prices rose by a few percent in the quarter, compared with January 2016, on the size of the production price of less than 1 carat fell by 5%, and for stones weighing 3 carats, they decreased by 15% compared with the first quarter 2016 financial year ", - concluded the Rockwell.
http://pearlsgift.blogspot.ca/
The increase was mainly due to increased production at the project Remhugte / Holsloot (Remhoogte / Holsloot, RHC) due to increased production volumes and processing of rock.
Revenue from beneficiation Rockwell fell by 56%, up to 400,000 Canadian dollars, against 900 000 Canadian dollars in the same period last fiscal year.
Thus, for the first quarter revenues of 12.5 million Canadian dollars versus $ 9.2 million a year earlier.
"Rockwell beginning of the 2017 fiscal year with a significant change in the operational profile compared to last year. We have suspended operations on Niveyarskraal mine (Niewejaarskraal), sold mine Tirizano (Tirisano), acquired Remhugte / Holsloot project, and, contrary to expectations, continued to prey on Saksendrift ( Saxendrift), albeit in reduced quantities in terms of production and content of diamond in the rock ", - said General Director of Rockwell Dzheyms Kempbell (James Campbell).
"2016 fiscal year was a difficult period of restructuring our results, which have improved significantly in the first quarter of fiscal year 2017 reflect the improvements that we carry out after the end of 2016 fiscal year of strategic decisions.", - he added.
Campbell also said that production at the RHC has stabilized after a difficult six months.
"We are pleased to announce the stable development of the newly commissioned project Vouterspen (Wouterspan), production of which is expected to begin in August 2016. We are confident that our new profile operations in the Central River region of the Orange (Middle Orange River, MOR) South Africa will allow us to process 350,000 cubic meters of gravel per month until the end of 2017 fiscal year "- continues CEO of Rockwell.
However, the company noted that the diamond market remained stable during the reporting period, as well as a recovery in prices was observed at the beginning of this year.
"Secondary market demand has improved due to the replenishment of diamond manufacturers, but there are concerns about potential oversupply within the diamond market as soon as the goods are placed in diamond water", - noted in the company.
"While diamond prices rose by a few percent in the quarter, compared with January 2016, on the size of the production price of less than 1 carat fell by 5%, and for stones weighing 3 carats, they decreased by 15% compared with the first quarter 2016 financial year ", - concluded the Rockwell.
http://pearlsgift.blogspot.ca/
The Government of India has decided to support local jewelry company, raising the threshold for levying excise duty on jewelry small businesses up to $ 1.5 million versus $ 0.9 million in an earlier version of the law. In addition, the authorities have refused tax on the goods being transported and eased some regulations the industry.
Ministry of Finance on July 13 adopted a recommendation jewelry Council and noted that the audit of the excise duty will not be conducted during the first two years for those companies that pay at least $ 0.015 million on excise duty (and whose turnover, respectively, is less than $ 1.5 million).
The Ministry has taken into account the large-scale protests by jewelers after entering the 1-percent excise tax for all jewelry except for silver, convening a subcommittee to interact with representatives of trade and industry on the issues of legal compliance, bookkeeping and administrative actions.
The Government of India has also decided to raise the threshold of matching traffic as the result of small jewelry business from $ 1.80 million to $ 2.25 million. At the same time the threshold payment of excise tax for small enterprises has been increased from $ 0.9 million to $ 1.5 million a year, and to $ 0, 12 million in March 2016.
In addition, the authorities will not require any plan for the territory of enterprises, which was previously required for the registration of excise tax when submitting the first bill-invoice to the tax authorities.
Moving jewelry that does not include their sale, will not be subject to excise duty, while excise regulators will not check transit checks. In addition, an optional scheme can pay for those jewelers who can not maintain a separate physical drains or records created and sold goods.
In conclusion, the Government accepted the proposal of the Subcommittee not to visit, not to inspect and detain workers in the jewelry enterprises.
http://traditionpearlnecklace.blogspot.ca/
Ministry of Finance on July 13 adopted a recommendation jewelry Council and noted that the audit of the excise duty will not be conducted during the first two years for those companies that pay at least $ 0.015 million on excise duty (and whose turnover, respectively, is less than $ 1.5 million).
The Ministry has taken into account the large-scale protests by jewelers after entering the 1-percent excise tax for all jewelry except for silver, convening a subcommittee to interact with representatives of trade and industry on the issues of legal compliance, bookkeeping and administrative actions.
The Government of India has also decided to raise the threshold of matching traffic as the result of small jewelry business from $ 1.80 million to $ 2.25 million. At the same time the threshold payment of excise tax for small enterprises has been increased from $ 0.9 million to $ 1.5 million a year, and to $ 0, 12 million in March 2016.
In addition, the authorities will not require any plan for the territory of enterprises, which was previously required for the registration of excise tax when submitting the first bill-invoice to the tax authorities.
Moving jewelry that does not include their sale, will not be subject to excise duty, while excise regulators will not check transit checks. In addition, an optional scheme can pay for those jewelers who can not maintain a separate physical drains or records created and sold goods.
In conclusion, the Government accepted the proposal of the Subcommittee not to visit, not to inspect and detain workers in the jewelry enterprises.
http://traditionpearlnecklace.blogspot.ca/
De Beers will pay "particular attention" to the five diamond cutting firms in South Africa, owned by black people of this country, because the diamond company strives to meet the government's requirements for beneficiation products. It is reported by local newspaper Business Day.
We will support five companies - Kwame Diamonds, Nungu Diamonds, Thoko 's Diamonds, Diamonds Africa and Molefi Letsiki Diamond Holdings.
Business Day quoted the Director General of De Beers Consolidated Mines Mpumi Zikalala (Mpumi Zikalala), who noted that the company will receive support and an appropriate volume of rough diamonds required to compete successfully in domestic and international diamond market.
De Beers will provide technical and production assistance to these companies in all aspects of their business - from the purchase of rough diamonds to manufacturing, marketing and distribution of diamonds, as well as make it easier for them to access funding under the program Zimele Small Business Development Anglo American and to the sightholders.
Raizcorp, which specializes in the development of various types of business, provide assistance to the five business granochnym companies.
The number of diamond cutters in South Africa dropped to 400 against 5000, as these countries with lower production costs, such as India, dominate the diamond cutting segment, said Chief Executive Officer of De Beers Bryus Cleaver (Bruce Cleaver).
De Beers Consolidated Mines, which produces about 930 000 carats of diamonds on the draft annual Venice (Venetia) and Vurspoed (Voorspoed) in South Africa, providing about 40% of its raw materials for the needs of the local diamond cutters.
http://pearlgiftjewelry.blogspot.ca/
We will support five companies - Kwame Diamonds, Nungu Diamonds, Thoko 's Diamonds, Diamonds Africa and Molefi Letsiki Diamond Holdings.
Business Day quoted the Director General of De Beers Consolidated Mines Mpumi Zikalala (Mpumi Zikalala), who noted that the company will receive support and an appropriate volume of rough diamonds required to compete successfully in domestic and international diamond market.
De Beers will provide technical and production assistance to these companies in all aspects of their business - from the purchase of rough diamonds to manufacturing, marketing and distribution of diamonds, as well as make it easier for them to access funding under the program Zimele Small Business Development Anglo American and to the sightholders.
Raizcorp, which specializes in the development of various types of business, provide assistance to the five business granochnym companies.
The number of diamond cutters in South Africa dropped to 400 against 5000, as these countries with lower production costs, such as India, dominate the diamond cutting segment, said Chief Executive Officer of De Beers Bryus Cleaver (Bruce Cleaver).
De Beers Consolidated Mines, which produces about 930 000 carats of diamonds on the draft annual Venice (Venetia) and Vurspoed (Voorspoed) in South Africa, providing about 40% of its raw materials for the needs of the local diamond cutters.
http://pearlgiftjewelry.blogspot.ca/
The World Diamond Council (World Diamond Council, WDC) announced yesterday that its Board of Directors elected Mr. Stefan Fischler (Stéphane Fischler) as vice-president of WDC. As a founding member of the WDC, Mr. Fischler takes an active part in its work since inception.
WDC is a group of members representing the entire supply chain of the international diamond industry, from mining to retail. This organization represents the diamond industry in the development and implementation of systems, developed by the UN and the Kimberley Process (KP) to eliminate and prevent the entry of conflict diamonds into the legitimate trade in these precious stones.
"I am honored to work with the president Polyakov, WDC Board of Directors and our members, - said Mr Fischler. - The role of the WDC in the representation of industry at the forum of the Kimberley Process is critical to the success and integrity of the KP. And I really want to contribute to this important work. "
As a partner at Fischler Diamonds, Mr. Fischler is currently working as the president of the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) , Vice-President of the International Diamond Council (International Diamond Council, IDC) and development initiatives for the diamond industry ( diamond Development Initiative, DDI), as well as treasurer of the International diamond manufacturers Association (International diamond manufacturers Association, IDMA) . Mr Fischler - Member of the Responsible Jewelry Practices Board (Responsible Jewellery Council, RJC).
"The extensive experience and expertise Stefana Fishlera not only in industry, but especially in the KP are invaluable to the WDC, - said Andrey Polyakov, president of WDC. - Now that we have an excellent team to continue to focus our attention on the interaction with the Kimberley Process and to the strengthening of its role for the benefit of all stakeholders. "
Mr. Ronnie Vanderlinden (Ronnie Vanderlinden) was re-elected treasurer of the WDC for a second term, and Mr. Udi Sheyntal (Udi Sheintal) will continue its work as the Corporate Secretary of the organization. According to the statute WDC, Mr. Fischler will replace Mr. Polyakov as president of WDC at the end of his two-year term in office in 2018.
The main purpose of which was founded in 2000 WDC is the representation of the diamond industry in the development and implementation of regulatory and voluntary control systems in the field of diamond trade at imposing an embargo by the United Nations or its implementation in the framework of the Kimberley Process Certification Scheme (KPCS). KPCS imposes extensive requirements on its members - the countries producing and trading rough diamonds to them - in order to prevent conflict diamonds from entering the supply chain. Conflict diamonds - diamonds is used by rebel movements to finance wars against legitimate governments.
http://royalpearljewelry.blogspot.ca/
WDC is a group of members representing the entire supply chain of the international diamond industry, from mining to retail. This organization represents the diamond industry in the development and implementation of systems, developed by the UN and the Kimberley Process (KP) to eliminate and prevent the entry of conflict diamonds into the legitimate trade in these precious stones.
"I am honored to work with the president Polyakov, WDC Board of Directors and our members, - said Mr Fischler. - The role of the WDC in the representation of industry at the forum of the Kimberley Process is critical to the success and integrity of the KP. And I really want to contribute to this important work. "
As a partner at Fischler Diamonds, Mr. Fischler is currently working as the president of the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) , Vice-President of the International Diamond Council (International Diamond Council, IDC) and development initiatives for the diamond industry ( diamond Development Initiative, DDI), as well as treasurer of the International diamond manufacturers Association (International diamond manufacturers Association, IDMA) . Mr Fischler - Member of the Responsible Jewelry Practices Board (Responsible Jewellery Council, RJC).
"The extensive experience and expertise Stefana Fishlera not only in industry, but especially in the KP are invaluable to the WDC, - said Andrey Polyakov, president of WDC. - Now that we have an excellent team to continue to focus our attention on the interaction with the Kimberley Process and to the strengthening of its role for the benefit of all stakeholders. "
Mr. Ronnie Vanderlinden (Ronnie Vanderlinden) was re-elected treasurer of the WDC for a second term, and Mr. Udi Sheyntal (Udi Sheintal) will continue its work as the Corporate Secretary of the organization. According to the statute WDC, Mr. Fischler will replace Mr. Polyakov as president of WDC at the end of his two-year term in office in 2018.
The main purpose of which was founded in 2000 WDC is the representation of the diamond industry in the development and implementation of regulatory and voluntary control systems in the field of diamond trade at imposing an embargo by the United Nations or its implementation in the framework of the Kimberley Process Certification Scheme (KPCS). KPCS imposes extensive requirements on its members - the countries producing and trading rough diamonds to them - in order to prevent conflict diamonds from entering the supply chain. Conflict diamonds - diamonds is used by rebel movements to finance wars against legitimate governments.
http://royalpearljewelry.blogspot.ca/
Subscribe to:
Posts (Atom)