The Executive Committee of the World Federation of Diamond Bourses (WFDB), which concluded the three-day meeting in Antwerp, discussed the tasks of the federation in the context of the growing global trade in diamonds.
Within the framework of the meeting, meetings were held with representatives of banking structures and diamond mining companies, which members of the WFDB executive committee assured of their commitment to maintaining the highest ethical standards and professional competencies in the field of trade.
Summing up the session, WFDB President Ernie Blom stressed that "the World Federation of Diamond Bourses immediately agreed to expand and deepen the ongoing dialogue and cooperation with all key stakeholders in the international diamond trade."
According to Bloom, WFDB "is firmly convinced of the profitability of the expanding global diamond business, which will continue to occupy its niche in the luxury segment, and diamonds as a base product will delight, dazzle and bring pleasure to millions of consumers around the world."
WFDB members are 30 international diamond exchanges, which account for 95% of the world diamond trade. Being a transparent and accountable organization, WFDB protects and promotes the interests of diamond industry entities.