WFDB Meeting Opens Next Week, Welcomes Turkish Exchange
April 10, 11(IDEX Online News) - The World Federation of Diamond Bourses (WFDB) Presidents' Meeting will open on April 12 in
The African Summit will host a number of mining ministers from leading African diamond producing countries on April 13. The summit is to include a presentation by analyst Chaim Even-Zohar titled "
In separate news, WFDB President Avi Paz has praised the Istanbul Gold and Diamond Exchange (IAB) for launching a diamond trading market on Monday. "
IAB, which has been a WFDB member since 2008, is also planning to expand into the trading of precious metals. It has been a member of the Kimberley Process Certification Scheme (KPCS) since 2007.
Paz noted that the WFDB was holding talks with several countries to assist in establishing a diamond exchange. "We have a strong interest in bringing new diamond exchanges into the fold of the WFDB, to facilitate access to our extended family of some 15,000 diamantaires, as well to assure that they operate their organizations according to the rules and regulations of the WFDB," he stated.
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