The Israel Diamond Exchange (IDE) trading floor continued to see heavy traffic on the second day (Wednesday) of the Sixth International Diamond Week in Israel (IDWI).
The mood was upbeat, reflecting a lively trading atmosphere.
IDE President Yoram Dvash said that the new tender center is intended to bring many additional rough and polished diamond tenders to Israel, avoiding the necessity of Israeli companies having to travel abroad to participate in these sales.
Later in the day a Memorandum of Understanding was signed between the young generation forums of the Hong Kong Jewelry Manufacturers’ Association (HKJMA) and the IDE for cooperation and business promotion (pictured below). IDE President Yoram Dvash cited the longstanding business cooperation between the diamond industries of Israel and Hong Kong.
“We feel very close to you based on shared values. The young generations of both our countries have a great future. We can grow together,” he said. The MOU was signed by Dvash and by Kevin Ng, head of the Young Generation Forum of HKJMA.
Jean-Marc Lieberherr, CEO of the Diamond Producers’ Association (DPA) gave a presentation outlining the strategic direction of its generic diamond marketing program targeting Millennials and discussed plans for 2017. Lieberherr, pictured below with IDE President Yoram Dvash, invited members of the Israeli diamond industry to make use of the marketing materials produced by the DPA and to interact with him with suggestions and concerns.
