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Press Release: ALROSA's CEO to Attend Tel Aviv Presidents Meeting
Jun 10, 2015 4:18 AM
By Israel Diamond Exchange
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Press Release: Andrey Zharkov, the president of ALROSA, said he will be heading a delegation to attend the upcoming 2015 presidents' meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) at the Tel Aviv Hilton Hotel, June 14 to 16, 2015. The event is being hosted by the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDMA).
"I look forward to visiting Israel for the first time in my capacity as ALROSA president," Zharkov said. "It is a great opportunity to take the pulse of the diamond industry and trade, to meet the global industry's leadership and to confer with our Israeli counterparts."
Shmuel Schnitzer, IDE's president and honorary president of the WFDB, said, "We're delighted to have Mr. Zharkov with us for the presidents' meeting. Since the topic of rough diamond supplies will be high on the agenda of both the WFDB and IDMA, we appreciate Mr. Zharkov taking time to sit with us and take part in our organization's discussions and deliberations. The presence of two of the world's leading diamond suppliers, ALROSA and the De Beers Group, will facilitate significant discourse between the diamond industry and trade's leadership and the miners."
Schnitzer noted that the IDE board and IsDMA will meet with the ALROSA delegation for follow up talks on the memorandum of understanding that was signed by ALROSA and IDE earlier this year during the International Diamond Week in Israel.
Philippe Mellier, De Beers CEO, said in May that he would address the participants at the 2015 presidents' meeting.
Jacob (Kobi) Korn, IsDMA's president, noted that the presence of two of the world's major diamond producers was ensure fruitful discussions at the event. "The current challenges our industry is facing affect all players in the diamond supply pipeline," Korn said. "Industry financing -- and the perceived lack of it -- as well as the dwindling market share of diamonds and diamond jewelry in the consumer markets are of concern to all of us. The miners are very much aware of these challenges and we look forward to interacting with them on these issues."
Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients. |
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Tags:
Alrosa, De Beers, Israel Diamond Exchange, Korn, Presidents' Meeting, Schnitzer, Zharkov
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