News

Advanced Search

Diamond Groups Call Off Israel Summit

May 10, 2018 4:30 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... 
Industry leaders have canceled next month’s World Diamond Congress in Tel Aviv, citing low registration and the likely impact of geopolitical tensions in the region.

The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) meet at the congress every other year to discuss industry issues. This year’s event was due to take place in the Israeli city from June 19 to 21.

“It is obviously with very great regret that we have reached the decision to cancel the congress,” WFDB president Ernie Blom and IDMA president Ronnie VanderLinden said in a joint statement Thursday. “We had a full agenda of issues regarding the state of the global diamond industry, and preparations were in full swing.”

The decision to cancel was in the best interests of everyone concerned, Blom and VanderLinden added.

The congress will take place at a later, as-yet-undetermined date, they said. The Tel Aviv edition was set to feature a discussion on how technology could aid the diamond industry.

Image: Israel Diamond Exchange, Ramat Gan. Credit: Mordechai Meiri/Shutterstock
Tags: Ernie Blom, IDMA, International Diamond Manufacturers Association, Israel, Rapaport News, Ronnie VanderLinden, The World Federation of Diamond Bourses, WFDB, World Diamond Congress
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Dec 02, 2021
Sentiment upbeat after strong start to holiday season. Jewelry sales +78% over Thanksgiving weekend, Mastercard
New York Diamond District 150US Polished Imports See Gentler Rise
Nov 30, 2021
US polished-diamond imports climbed 7% year on year to $1.43 billion in September, a slimmer increase than in the last few
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.