Industry News by Nemesis

World Diamond Congress in Dubai to Focus on Transparency, Responsibility

January 25, 2016

The World Federation of Diamond Bourses (WFDB) will hold its 37th World Diamond Congress in Dubai from May 16 to 19, placing transparency, responsibility and sustainability at the heart of the summit’s agenda.

The meeting, a biennial gathering of the WFDB and the International Diamond Manufacturers Association (IDMA), will be attended by the WFDB’s 30 presidents and more than 200 representatives of the global diamond industry, according to a WFDB statement January 21.

"Given the challenging conditions facing the diamond business, this year's meetings will be all the more important,” said Ernie Blom, president of the WFDB. “We will be discussing how to create sustainable, long-term growth in the diamond supply pipeline, while bearing in mind the need for transparency, the highest levels of ethical behavior and corporate social responsibility.”

The WFDB also aims to use the forum to galvanize support for generic marketing of diamonds through its World Diamond Mark initiative and create stronger links with the Diamond Producers Association.

 

Source: Rapaport

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