Dear Friends, As we usher in the Jewish New Year, I want to share with you several positive developments in the diamond industry that inspire both encouragement and optimism. To begin, I extend sincere congratulations to the AWDC and the European Union for successfully securing a zero-tariff agreement on diamonds polished within the EU upon … Read more
Antwerp, May 30, 2024: The World Federation of Diamond Bourses (WFDB) commends the Antwerp World Diamond Center (AWDC) for its call for multiple verification points outside the G7, in implementation of the G7 Russian diamonds sanctions. The AWDC issued this call in a statement on May 24, 2024, thus effectively aligning itself with the position … Read more
Dear Friends, The G7 system of enforcing the sanctions against Russian diamonds is still causing dismay and uncertainty throughout the diamond world. The one-node system, in which all rough must be certified by the Diamond Office in Antwerp, has been in effect since March 1 for all rough diamonds entering the EU, and is supposed … Read more
