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IGI Provides Sustainable and Secure Way to Purchase Rare & Valuable Argyle Pink Diamonds
The International Gemological Institute (IGI), has joined forces with John Glajz, a Singapore-based authorized partner of Argyle Pink Diamonds for nearly 25 years, to certify these gems, which are some of the rarest in the world, creating The Collector’s Edition: An Exclusive Selection of Argyle Pink Diamonds.
As the Australian mine that produces the majority of the diamonds is slated to close in 2020, this collection is likely to become more valuable.
South Korean Diamond Exchange Persuades Govt To Abolish Consumption Tax on Diamonds
Following five years of talks and intensive work by the Korea Diamond Exchange (KDE), the South Korean government has slashed taxes on loose diamonds, says exchange President Nam Chang-Soo.
The individual consumption tax was introduced in 1976 and abolished in December 2018 in time for the new year, he explained.
WFDB 2019 Presidents Meeting
With the 2019 Presidents Meeting coming up in Dubai in September, the World Federation of Diamond Bourses held an Executive Committee Meeting at the Israel Diamond Exchange on Monday to prepare topics for further discussion.
We debated a wide variety of subjects vital to the industry, as well as moves to further raise the international standing of the WFDB. The Executive Committee also discussed the important subjects of synthetic diamonds and the state of the diamond trade globally.
