A delegation of some 25 Turkish jewelers and diamond buyers are expected to attend the Summer Edition of the International Diamond Week in Israel (IDWI), which will take place at the Israel Diamond Exchange (IDE) from August 30 to September 3.
“In two weeks from now, we will be hosting a sizable delegation of colleagues from Turkey on the bourse floor,” Israel Diamond Exchange President Shmuel Schnitzer said. “This is the third time a Turkish delegation will be attending the International Diamond Week in Israel and we are pleased that our business ties are going from strength to strength."
Last October, a delegation from the Israel Diamond Exchange paid a successful visit to the Istanbul Jewelry Fair. The IDE delegation was hosted by the Turkish Jewelry Exporters Association (JTR) and the Istanbul Chamber of Jewelry (IKO). The Turkish gem and jewelry industry is investigating the possibility of setting up cutting plants for smaller goods, which Turkish industry leaders can be cut profitably in Turkey.
“We are exchanging information and discussing the various parameters of the business proposals and models. As a result, the business climate between our two industries – and countries - is definitely warming up fast,” Schnitzer stated.
Delegations will be arriving from Belgium, New York, Mumbai, as well as from Istanbul.
The International Diamond Week in Israel is organized by the Israel Diamond Exchange, in close cooperation with the Diamond Dealers Club of New York (DDC), the Antwerp Diamond Bourse (Beurs voor Diamanthandel), and, for the first time, also by the Bharat Diamond Bourse. All exchanges will be represented by delegations of their members on the IDE trading floor in August.