NY DDC Schedules October Israel Diamond Week Event

Sep 10, 2015 3:11 AM By Rapaport News

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RAPAPORT... Israel Diamond Week in New York is scheduled for October 19-22. This will be the fourth time the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) are partnering on the event to be held on the DDC’s trading floor, 580 Fifth Avenue in midtown Manhattan.

IDE President Shmuel Schnitzer said that following the positive business results of the recently held International Diamond Week in Israel, he has high expectations of the event in October. "We have what the American market likes to buy. We will be working with our American colleagues, putting the right goods into their hands toward the upcoming holiday sales season in the United States." He said that 100 bourse members are expected to participate.

DDC President Reuven Kaufman said that since the joint initiative came about four years ago, business ties between members have improved tremendously. "While the synergy between Israel's and New York's diamond trade is a given, there is always room for further business development and higher business volumes."

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