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GIA to Open Israel Laboratory in September
Aug 22, 2012 3:24 AM
By Avi Krawitz
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RAPAPORT... The Gemological Institute of America (GIA) is on track to open a laboratory in the Israel Diamond Exchange in early September, the Israel Diamond Institute Group of Companies (IDI) reported.
“The opening of the GIA facility is of major significance to the Israeli diamond industry and advances our position as a global diamond trading hub,” said Moti Ganz, the chairman of IDI.
IDI noted that the new facility will provide on-site lab services, including GIA diamond grading reports, diamond dossiers and related services. The Ramat Gan laboratory will be GIA’s eighth such global facility and the sixth located outside of the U.S., IDI added.
The launch follows three years of discussion between representatives of IDI and the Israel Diamond Manufacturers Association (IsDMA), and the GIA. Intentions to open the laboratory were initially announced in July 2011.
“GIA reports are highly respected and they are very much in demand by both the trade and consumers,” said Avraham (Bumi) Traub, the president of IsDMA. “Having a GIA lab facility on-site in Israel will save the diamond trade both precious time and costs.”
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Tags:
Avi Krawitz, diamonds, Gemological Institute of America, GIA, Israel, Israel Diamond Exchange, Rapaport
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