The Israeli Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) announced the holding of the third Israeli Diamond Week in New York, which will be held in the club's trading floor in downtown Manhattan from 10 to 13 November. The event is annually held at the initiative of both exchanges to strengthen trade ties and stimulate business between diamond suppliers and their customers. "The New York Diamond Business Community and the Israeli diamond industry are closely interlinked," said IDE President Shmuel Schnitzer, "Israel is a key supplier of higher quality diamonds to the US market, and New York, especially DDC, is the gateway to supplies from Israel. " "Undoubtedly, the synergy of diamond trade between Israel and New York is really unique, but I am amazed, that despite close relations between our centers, when we hold such events, many people meet each other for the first time, "said DDC President Reuven Kaufman, who said that the format of the diamond weeks in New York has proved successful. About 100 Israeli companies will be able to apply for and participate in the diamond week and the registration will open in mid-September, after the jewelry exhibition in Hong Kong is closed. "The event was chosen to give manufacturers, retailers and designers a wonderful opportunity to replenish their stocks, taking into account the fact that they are all actively preparing for the Christmas season, "Kaufman added. - Recent reports indicate that in the whole of the US sales from retailers increased by about 5%. We hope,