Rapaport Press Release
Sept. 10 at the Times Center in New York

RAPAPORT... NEW YORK – The annual Rapaport International Diamond Conference (IDC) will take place Thursday, September 10th, 2009, at The Times Center, New York. The one-day conference is traditionally held in New York City during the week of September 11th. All conference proceeds are donated to the Jewelers For Children (JFC) and Fair Trade Jewelry Association (FTJA) charities.

The theme of this year’s conference is “New Realities.” Topics include “The New Economy: From Rough Diamonds to Retail Jewelry,” “New Consumer Markets: The India Story,” “The Big Stone Market: 47 Street Perspectives” and “Human Rights and the Diamond Industry: What Can and Should We Do?”

Presenters include: Des Kilalea of the Royal Bank of Canada (RBC); Christopher Ellis of Consensus Advisors; India’s Mehul Choksi, chairman of Gitanjali Group; C.K. Venkatraman, chief operations officer (COO) of Titan Industries (Tata Group), India’s largest retail jewelry chain; presidents of the Diamond Manufacturers and Importers Association of America (DMIAA), the New York Diamond Dealers Club (DDC), the World Diamond Council (WDC), Jewelers of America and the Jewelers Vigilance Committee (JVC); Ian Smillie, chairman of Development Diamond Initiative (DDI); Georgette Gagnon, director of the Africa Division of Human Rights Watch; and Brad Brooks-Rubin of the U.S. State Department. Martin Rapaport will also present “Riding the Wave of Change.”

“Wake up to the new realities of a changed world. Economic crisis, globalization and generational transformation are all happening here and now. Unprecedented challenges and opportunities confront us. Is the diamond mining cartel kaput, and, if so, will cutters' profits increase? Are bankruptcies good for survivors? Is India the new America? When will big stones boom? Does the diamond industry care about human rights? Do consumers care? This year’s Rapaport Conference isn’t about survival; it is about how to prosper in spite of, or because of, the recession. It is about facing issues head on and emerging a winner,” said Martin Rapaport, chairman of the Rapaport Group.

The conference fee is $249. Registration and additional information online: www.diamonds.net/idc
Phone: +1-702-893-9400 E-mail: idc@diamonds.net
The conference fee will be waived for qualified media, NGO’s and government officials.

Conference Topics and Presentations:


New Economy and the Jewelry Industry: From Rough to Retail
Des Kilalea, Royal Bank of Canada

Christopher Ellis, Consensus Advisors

New Consumer Markets: The India Story
C.K. Venkataraman, COO Tanishq

Mehul Choksi, Chairman Gitanjali

Riding the Wave of Change
Martin Rapaport, Chairman Rapaport Group

The Big Stone Market: The 47th Street Perspective
Ronald Friedman, President DMIA

Moshe Mosbacher, President NY DDC

Human Rights and the Diamond Industry:

What can and should we do?

Ian Smillie, Chairman, Development Diamond Initiative (DDI)
Brad Brooks-Rubin, U.S. State Department.

Georgette Gagnon, Director of the Africa Division from Human Rights Watch
Eli Izhakoff, Chairman, World Diamond Council (WDC)
Cecilia Gardner, President Jeweler’s Vigilance Committee
Matt Runci, President of Jeweler’s of America and Responsible Jewelers Council (RJC)

Media Contacts: prs@diamonds.net
Sherri Hendricks  +1-702-893-9400
Lauren Friedman +1-347-756-4273

About the Rapaport International Diamond Conference (IDC): The Rapaport International Diamond Conference (IDC), is held annually in New York City on or about 9/11., It attracts the best and brightest members of the diamond and jewelry industry as well as leading government officials, bankers, financial consultants, analysts and NGO’s. The conference format includes analysis of global diamond mining, manufacturing, retailing, marketing and finance as well as ethical issues.

About The Rapaport Group: The Rapaport Group is an International Network of Companies providing added value services that support the development of Free, Fair and Competitive Global Diamond Markets. Established in 1978, the Rapaport Diamond Report is the primary source of diamond prices and market information.  Group activities include publishing, online diamond trading, diamond tenders and trading services, diamond certification, quality control, compliance, shipping, and financial services. The group supports the development of markets for Fair Trade Diamonds and Jewelry. Additional information about the Group is available at www.diamonds.net .

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