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President Putin, Prime Minister Modi to Address World Diamond Conference
Industry Marketing, Financing to Top the Agenda in New Dehli
Dec 7, 2014 1:55 AM
By Avi Krawitz
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RAPAPORT... Russia’s President Vladimir Putin and India’s Prime Minister Narendra Modi will inaugurate the World Diamond Conference taking place in New Dehli on December 11 and 12. Organizers confirmed that the two leaders will address the conference, forming part of Putin’s state visit to India.
The conference is being organized by India’s Gem and Jewellery Export Promotion Council (GJEPC), in association with the World Diamond Mark Foundation (WDMF) and with the support of India’s Ministry of Commerce and Industry and Al ROSA.
The event is aiming to deliberate the make-up of future consumer markets for polished diamonds and diamond jewelry, and to understand what tools and measures are needed to attract new generations of consumers, organizers explained.
A memorandum of understanding for direct rough diamond sourcing from ALROSA to India is expected to be signed during the conference.
Vipul Shah, chairman of the GJEPC noted that India and Russia are natural diamond partners given India’s position as a major diamond polishing hub and Russia’s investment in mining and exploration. “The visit of H.E. Vladimir Putin, President of Russia to India during the World Diamond Conference is of great significance and we are hopeful that the government of India [will] accept our proposals for direct sourcing and a special notified zone in India and [will] announce the revised structure at this forum,” Shah said.
During the actual conference, the first day will be dedicated to the various aspects of marketing diamonds and diamond jewelry. Ernie Blom, president of the World Diamond Fedaration (WFDB), Maxim Shkadov, president of the International Diamond Manufacturers Association (IDMA), and Edward Asscher , president of the World Diamond Council (WDC) will be among those addressing the conference on the opening day.
Representatives from De Beers, ALROSA, Rio Tinto, and Endiama will speak from the mining sector, along with government representatives from Zimbabwe and South Africa.
Alex Popov, Chairman of WDMF will give a perspective of joint industry, marketing strategies and initiative, followed by the insights of the world’s oldest jewellery brand – Mellerio dits Meller by President Emilie Mellerio. Other presentations will be given by members of the manufacturing, retail and banking sectors, among others, with the second day focused on challenges of industry financing. Details of the conference can be found at the following link: http://wdci.diamonds/
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Tags:
Avi Krawitz, GJEPC
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