The World Diamond Council (World Diamond Council, WDC) will hold its next general meeting in New York on 7 - 9 September, Rapaport reports portal.
Among the issues to be dealt with in the framework of the meeting - the current agenda of the Kimberley Process (KP) and the introduction of the first to WDC Strategic Plan. Delegates will also discuss a new communication platform scheduled the WDC, which is expected to make the main representative of the Council of the diamond industry to meet the challenges KP and conflict diamonds.
The meeting will also be devoted to the discussion of the annual plenary meeting of the KP, which will be held in Dubai at the end of this year.
WDC meeting will be held the newly created United States Jewelry Council (United States Jewelry Council, USJC) , which is common views and actions jewelry trade associations of the country for the responsible and sustainable development.
Session at the annual meeting of the WDC will begin on September 7 in the first two meetings of the Board of Directors. Maurice Tempelsman (Maurice Tempelsman), chairman of Lazare Kaplan International Board of Directors, will read out the keynote address on September 8 with the participation of senior representatives of the diamond industry and the government.
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Dozens of small diamond traders and cutters in Surat are facing serious difficulties, because four diamond dealers operating in the Indian Diamond Exchange (Bharat Diamond Bourse, BDB) and the complex Bandra Kurla (Bandra Kurla Complex, BKC ), have not been able to pay them a total of $ 22, 55 million in the past few days, reports Times of India.
According to the source, two diamond traders working in BKC, put diamonds worth $ 11.27 million Chinese companies from the two dozen traders in Mumbai and Surat. After that, the Chinese company has not paid the money the Mumbai diamantaires, and those have disappeared from the market.
In addition, two other diamond dealers have not been able to pay more than $ 11 million due to the losses incurred in the past year. One of the diamond dealers based in BKC, offered to pay part of the debt through the sale of his office.
As reported in the Times of India, the mood of the participants of the diamond market in Surat and Mumbai, the worst in history after a series of defaults in the diamond industry, observed in recent months.
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