The target of the settlement is to enhance the scope and effectivity of the ties between Alrosa and AWDC, and to decide to supporting the diamond business throughout a spread of matters, from the open trade of data to the promotion of joint advertising initiatives.
Moreover, it additionally seals mutual dedication to “defend the integrity and transparency” of the diamond worth chain by supporting the work of the World Diamond Council and the Kimberley Course of.
The brand new cooperation settlement was signed by Sergey Ivanov, CEO of Alrosa, and Ari Epstein, CEO of AWDC.
Some 84% of all tough diamonds and 50% of all polished diamonds cross by Antwerp, and Alrosa mentioned each organisations emphasise the significance of diamond tracing on the worldwide markets and of a joint contribution to the sustainability agenda.
Ari Epstein, AWDC CEO, mentioned: “AWDC is dedicated to make sure Antwerp stays the world’s main diamond commerce middle, and to defend the pursuits of the greater than 1,600 firms it represents.
“Renewing our settlement sends a transparent sign that we embrace our main roles within the world diamond business and that we are going to work collectively to show no matter challenges come up into mutual alternatives, as we now have performed up to now.”
Sergey Ivanov, Alrosa CEO, added: “AWDC is a long-standing and dependable companion for Alrosa and I’m assured that this new settlement will permit us to additional our cooperation and intention our joint efforts on the sustainable growth of your entire business throughout the necessary context of the ESG transformation of the worldwide diamond market.”