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WFDB Asian Summit and Executive Committee Meetings End Successfully

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(PRESS RELEASE) ANTWERP, BELGIUM – The current role of the World Federation of Diamond Bourses (WFDB) and how it can move forward was among the discussions at its Asian Summit/Executive Committee meeting held in Vladivostok. The well-attended meeting saw around 40 representatives from across the world taking part, said WFDB President Ernie Blom. 

“The strong attendance enabled us to receive extremely worthy input at our discussions,” said Blom. “We are very keen to see how we can forward the role of the WFDB on the global stage. The Federation is by far the largest diamond industry body and the diamond trade’s go-to group. 

“We also were delighted to have members of the Kimberley Process review mission to Russia at the meeting. They filled us in on the organization’s work, and we discussed a broad range of industry topics. 

The WFDB Executive reiterated their support for the World Diamond Council’s System of Warranties and the Strategic Plan which are currently under review. 

“We also passed an important resolution relating to the US Federal Trade Commission’s recently published Jewelry Guidelines and the change to the nomenclature,” said Blom. “We repeated our stance that the only definition of a diamond that we support is the one agreed upon last year by the WFDB, IDMA, CIBJO, the International Diamond Council and the International Standards Organisation. 

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“On behalf of attendees of the Asian Summit and the Executive Committee meeting, I would like to place on record our thanks to the Moscow Diamond Bourse (MDB) and ALROSA for hosting the event. May I also thank the Government of the Far Eastern region, the Head of the Republic of Sakha (Yakutia) and the City of Vladivostok, as well as representatives from the Ministry of Finance of the Russian Federation for their support and for graciously taking part. It has become increasingly clear that this Far Eastern Russian city is becoming ever more important as a base for the diamond industry. 

“We are now looking forward to the World Diamond Congress which will take place in Mumbai from October 23-25 gathering delegations from diamond bourses and organisations from across the globe,” Blom added. 

WFDB Asian Summit and Executive Committee Meetings End Successfully

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WFDB Asian Summit and Executive Committee Meetings End Successfully

mm

Published

on

(PRESS RELEASE) ANTWERP, BELGIUM – The current role of the World Federation of Diamond Bourses (WFDB) and how it can move forward was among the discussions at its Asian Summit/Executive Committee meeting held in Vladivostok. The well-attended meeting saw around 40 representatives from across the world taking part, said WFDB President Ernie Blom. 

“The strong attendance enabled us to receive extremely worthy input at our discussions,” said Blom. “We are very keen to see how we can forward the role of the WFDB on the global stage. The Federation is by far the largest diamond industry body and the diamond trade’s go-to group. 

“We also were delighted to have members of the Kimberley Process review mission to Russia at the meeting. They filled us in on the organization’s work, and we discussed a broad range of industry topics. 

The WFDB Executive reiterated their support for the World Diamond Council’s System of Warranties and the Strategic Plan which are currently under review. 

“We also passed an important resolution relating to the US Federal Trade Commission’s recently published Jewelry Guidelines and the change to the nomenclature,” said Blom. “We repeated our stance that the only definition of a diamond that we support is the one agreed upon last year by the WFDB, IDMA, CIBJO, the International Diamond Council and the International Standards Organisation. 

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“On behalf of attendees of the Asian Summit and the Executive Committee meeting, I would like to place on record our thanks to the Moscow Diamond Bourse (MDB) and ALROSA for hosting the event. May I also thank the Government of the Far Eastern region, the Head of the Republic of Sakha (Yakutia) and the City of Vladivostok, as well as representatives from the Ministry of Finance of the Russian Federation for their support and for graciously taking part. It has become increasingly clear that this Far Eastern Russian city is becoming ever more important as a base for the diamond industry. 

“We are now looking forward to the World Diamond Congress which will take place in Mumbai from October 23-25 gathering delegations from diamond bourses and organisations from across the globe,” Blom added. 

WFDB Asian Summit and Executive Committee Meetings End Successfully

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Sollberger’s

Going Out of Business Is an Emotional Journey. Wilkerson Is There to Make It Easier.

Jaki Cowan, the owner of Sollberger’s in Ridgeland, MS, decided the time was right to close up shop. The experience, she says, was like going into the great unknown. There were so many questions about the way to handle the store’s going-out-of-business sale. Luckily for Cowan, Wilkerson made the transition easier and managed everything, from marketing to markdowns.

“They think of everything that you don’t have the time to think of,” she says of the Wilkerson team that was assigned to manage the sale. And it was a total success, with financial goals met by Christmas with another sale month left to go.

Wilkerson even had a plan to manage things while Covid-19 restrictions were still in place. This included limiting the number of shoppers, masking and taking temperatures upon entrance. “We did everything we could to make the staff and public feel as safe as possible.”

Does she recommend Wilkerson to other retailers thinking of retiring, liquidating or selling excess merchandise? Absolutely. “If you are considering going out of business, it’s obviously an emotional journey. But truly rest assured that you’re in good hands with Wilkerson.”

Promoted Headlines

Most Popular