The founder and chairman of the Panama Diamond Exchange, Eli Izhakoff, and Matteo Marzotto, president of the leading organizer of Italian jewelery exhibitions, Fiera di Vicenza, signed a memorandum of understanding that laid the foundation for their cooperation in organizing events, promoting the development of trade in precious stones and jewelry in Latin America.
According to the memorandum, the parties will develop a strategic plan and conduct a feasibility study of projects, including sectoral exhibitions, symposiums and forums to be held in Panama. They will promote the development of business in the trade of diamonds, precious stones and jewelry in the region, which includes Mexico, Central and South America, as well as the Caribbean islands. The joint program will start in 2015.
"The importance of the new agreement can not be overemphasized," Yitzhakoff said during a signing ceremony in Panama. "The participation in our mission of the company Fiera di Vicenza, which represents Italian luxury in the best traditions, emphasizes that we are not just building offices, we are building the industry."
"Our goal is to increase the share of all players in the industry through the development of Latin American trade. The contribution of Fiera di Vicenza as a key provider of services to the industry can be invaluable, "- said the chairman of the exchange.
"When you look at the rising sun of Panama from this beautiful new building, you see the future of Latin America, and we want to be part of this future," commented Marzotto's new collaboration.
"Although our roots have always been in Italy, today Fiera di Vicenza expands to other international markets and cooperates with leading regional partners, such as PDE, to develop and enrich the jewelry business around the world," the president of the exhibition company said.