According to the annual report on the diamond market of the Kimberley Process (KP) in 2015, India has become the world's largest importer of diamonds by volume.
In 2015, India took 37.77 per cent share of the world's volume of imports of rough diamonds, which is slightly more than 37.55% observed in 2014. At the same time, the cost of diamonds share of India's imports increased in 2015 to 31.69%, against 30.40% in 2014.
European Union (EU) became the second after India's largest importer of diamonds. For the EU on this indicator amounted to 30.23%. At the same time, at a cost of rough diamond imports to the EU amounted to 29.97% of the global total. Thus, the backlog of India from the EU on this indicator very small.
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The Gemological Institute of America (Gemological Institute of America, GIA) held a solemn opening ceremony of the new and expanded offices in the complex of the Israel Diamond Exchange (Israel Diamond Exchange, IDE) in Ramat Gan, Israel, in the framework of the International Diamond Week in Israel (International Diamond Week in israel, IDWI).
Head of GIA Israeli units Alayon Gabriel (Gabriel Alayon) said that with the establishment of new offices GIA Israel will continue to expand and provide services that are required by the diamond community.
President and CEO of GIA Syuzan Zhak (Susan Jacques) expressed joy over his visit to Israel and noted that the diamond and jewelry business across both the take-off period and a sharp fall. She added that 2014 was positive for the sector, while 2015 was characterized by a decrease in the activity of the jewelry industry. Meanwhile, Jack was confident that the market of jewelery production has already reached the bottom and will now begin to grow.
At the end of the ceremony, Jacques received a certificate confirming its membership in the League of Honor IDE "for their dedication to transparency and professionalism in the field of gemology and for its contribution to the global diamond industry."
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