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WFDB Signs Deal with Korea Bourse
Feb 12, 2019 4:09 AM
By Rapaport News
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RAPAPORT... The World Federation of Diamond Bourses (WFDB) has agreed to
help promote business for the Korea Diamond Exchange (KDE).
The trade bodies signed a cooperation agreement in
Johannesburg, South Africa, last week, with the WFDB committing to assist the
bourse in lobbying the South Korean government on matters relating to the
diamond trade.
The trade bodies will work together to build up the South Korean
diamond industry, as the WFDB has been doing for China’s Shanghai Diamond Exchange, the federation added.
The KDE, which was established in 2011, was instrumental in getting the South Korean government to reduce taxes on diamond imports in December, the WFDB said last week.
Image: KDE chairman Nam Chang-Soo and WFDB president Ernie Blom signing the agreement. (WFDB)
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Tags:
Ernie Blom, KDE, Korea Diamond Exchange, Rapaport News, Shanghai Diamond Exchange, WFDB, World Federation of Diamond Bourses
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