Trade Organization

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The year 2015 got off to a good start for watch exports, after two less favorable months, the Swiss Federation of Watchmakers reported.

At 1.6 billion francs (approximately $1 billion), their value was up 3.7% compared to January 2014. This increase was recorded on an already high base and with one less working day.

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The World Diamond Mark Foundation (WDMF) said it was very pleased with the outcome of the meeting held by a number of the major producers - as reported by Bloomberg News - who met in London to discuss diamond marketing, industry research and the threat to consumer confidence from undisclosed synthetic stones entering the market.

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Andrey Zharkov, the newly appointed President of the Russian mining company ALROSA, the world's largest diamond producer by volume, confirmed that he will be heading an ALROSA delegation to attend the 2015 Presidents' Meeting in Tel Aviv next week.

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The Israel Diamond Exchange (IDE) has announced that registration for the fourth edition of the Israel Diamond Week in New York is open.

The event will be held on the trading floor of the DDC, and will take place from October 19 to 22.

Around 100 Israeli diamond traders will be taking part in the event on the DDC's trading floor. 

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The Israel Diamond Exchange (IDE) announced that registration for the summer edition (August 31-September 4) of the International Diamond Week in Israel (IDWI) is now open.

Registered - and confirmed - buyers will be offered three free nights in the IDWI venue hotel.

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The Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association will be hosting the biennial Presidents' Meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) in Israel, at the Tel Aviv Hilton Hotel, June 14-16, 2015.

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On Friday 13 February, the Antwerp World Diamond Centre (AWDC) organized a seminar on diamond financing in collaboration with Febelfin, the Belgian Financial Sector Federation.

This seminar, attended by some 15 banks, including the traditional major banks, Indian banks specializing in diamonds, as well as private banks, explained how diamond financing works.

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The AWDC hosted 109 leading diamond traders in the Antwerp Diamond Pavilion at the 2015 Hong Kong Diamond, Gem and Pearl Show From March 2-6.

It was the second year the traditional Hong Kong March fair featured a separate loose stones venue. In its first year, the show attracted over 32,000 professional buyers from around the world, marking its emergence as one of the most successful shows in the industry.

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Shmuel Schnitzer, President of the Israel Diamond Exchange (IDE) and Marcel Pruwer, President of the Antwerp Diamond Bourse, have issued a joint statement expressing support for the marketing efforts the two bourses are developing.

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The following statement was issued by the Antwerp World Diamond Centre (AWDC):

The AWDC condemns campaigning on the back of the Antwerp diamond industry.

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