The Israeli Diamond Exchange (IDE) plans to hold the first International Rough Diamond Week (IRDW) from March 9 to 13, according to a press release received by Rough & Polished via e-mail.
Within the framework of the five-day event, a series of various tenders for the sale of rough diamonds will be held. Among the companies exhibiting their goods for sale are ALROSA, De Beers Auction Sales, Rio Tinto Diamonds, I Hennig / Fusion Alternatives and Tzoffey's.
Deputy IDE President Arnon Juwal, who heads the IRDW organizing committee, said that to further develop Israel as a diamond center, it is necessary to increase the volume of trade in rough diamonds. "If we want to increase the production of diamonds, we must ensure a more significant inflow of rough diamonds. By creating and conducting regular events to encourage the organization of diamond auctions and tenders, we demonstrate our efforts to implement these tasks of the industry as a priority. "
Yuval noted that he received many positive feedback from diamond producers, traders and diamond manufacturers who are interested in participating in IRDW.