36th World Diamond Congress
This was the official website for the 36th World Diamond Congress that was held in Antwerp, Belgium in 2014.
Content is from the site's archived pages and other sources.
The current website for the World Federation of Diamond Bourses (WFDB) is at http://www.wfdb.com/
The four Antwerp diamond bourses, Antwerpsche Diamantkring cvba, Beurs voor Diamanthandel cvba, Diamantclub van Antwerpen cvba and Vrije Diamanthandel nv and the two diamond manufacturers’ organisations, S.B.D. and V.K.D. are pleased to welcome you to the 36th World Diamond Congress in Antwerp.
Antwerp is where all the key elements in the industry are concentrated: home to all the major mining companies that unearth these treasures, to over 1800 individual diamond dealers originating from all over the world, to the dedicated diamond banks and insurance brokers, the forwarders that are equipped to send the precious parcels to every corner of the world, the best polishers in the world and high tech researchers that get the best out of each and every rough stone. In the world of diamonds, all roads lead to Antwerp…
More than five centuries of diamond history in Antwerp live on every day, in the jobs of over 34.000 people that work here.
Besides providing a living for over 34.000 people, the diamond industry contributes significantly to the Belgian and European economy: diamonds are the most important Belgian export product outside the European Union. Today, diamonds represent an impressive 86% of Belgium’s total exports to India and our sector’s 2013 turnover totalled US$ 55 billion.
These numbers aren’t surprising if you know that 8 out of 10 of all rough diamonds and half of all the polished diamonds in the world pass through Antwerp. The reason for this is simple; no other place in the world offers all the elements that enable every buyer to find a seller, and every seller to find a buyer, at the best price.
We are confident that your stay in Antwerp will be both rewardingly productive and enjoyable.
We look forward to seeing you in Antwerp.
F. Inzlicht |
M. Pruwer President Beurs voor Diamanthandel cvba |
W. Rotti President Diamantclub van Antwerpen cvba |
J. Drybooms President Vrije Diamanthandel nv |
E. Denckens President Syndicaat der Belgische Diamantnijverheid (S.B.D.) |
R. Obbels |
Webmaster's note: Because of its focus on the diamond trade, this site attracted a lot of attention when it first launched. We had a lot of traffic from around the world and received positive comments from trade groups. But shortly after launch we discovered that Google searches for our trademark started showing sites for blood diamonds and unethical mining operations in Africa at the top of page 1. This was bad for our event. We tried to get Google to correct this but our efforts were futile. I found several reputation management services who claimed to be able to eliminate problem Google results, but their fees were exorbitant. Finally we found imfy.us that did ethical removals, but before we could engage them the search results self-corrected. A relief for sure, but a warning that no business is safe from Google's error prone algorithm. If you see any weirdness in the search for our site, please let us know immediately!
36th World Diamond Congress
Registrations close on Tuesday 10 June 2014 - 00.00 pm (GMT+1)
Antwerp is where all the key elements in the industry are concentrated: home to all the major mining companies that unearth these treasures, to over 1800 individual diamond dealers originating from all over the world, to the dedicated diamond banks and insurance brokers, the forwarders that are equipped to send the precious parcels to every corner of the world, the best polishers in the world and high tech researchers that get the best out of each and every rough stone. In the world of diamonds, all roads lead to Antwerp …
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Main programme
Sun 15th June
8:00 amRegistration (Venue: HILTON Hotel)
10:00 amJudicial Committee Meeting WFDB (Venue: HILTON Hotel)
1:00 pmTrade & Promotion Committee Meeting WFDB (Venue: HILTON Hotel)
2:30 pmVisit Red Star Line (non-mandatory) with Welcome by Philip Heylen (www.philipheylen.be)
2:30 pm to 5:30 pmIDMA Meeting (Venue: HILTON Hotel)
4:00 pmExecutive Committee Meeting WFDB (Venue: HILTON Hotel)
6:00 pmReception at the City Hall of Antwerp
EveningGet-Together (Venue : Hilton Hotel - Dress Code : smart casual)
Mon 16th June
8:00 amRegistration (Venue: HILTON Hotel) - Transfer to The Bourla Theatre
9:15 am to 11:15 amOpening Session (Venue : The Bourla Theather) with speeches of a.o. Mr. Kris Peeters, Minister President of the Government of Flanders
11:30 am to 12:00 pm(Transfer to the Hilton Hotel)
12:00 pm to 1:15 pmLunch
1:30 pm to 3:30 pmWFDB & IDMA separate working sessions (Venue: HILTON Hotel)
3:30 pm to 3:45 pmCoffee break
3:45 pm to 5:00 pmWFDB & IDMA separate working sessions (Venue: HILTON Hotel)
EveningDinner (Venue : Beurs voor Diamanthandel - Dress Code : Business attire)
Tue 17th June
8:30 amTransfer to the Diamantclub van Antwerpen
9:00 amKeynote Sessions by Nir Matalon of Malca Amit, Martin Rapaport of Rapaprt Belgium, Mr Rory More O’Ferrall, and Dr Katrien De Corte, HRD Antwerp
11:15 amTransfer to the Hilton Hotel
12:00 pm to 1:15 pmLunch
1:30 pm to 3:30 pmWFDB & IDMA separate working sessions (Venue: HILTON Hotel)
3:30 pm to 3:45 pmCoffee break
3:45 pm to 5:00 pmWFDB & IDMA separate working sessions (Venue: HILTON Hotel)
Evening Exclusive Gala Dinner “Performance by Boogie Boy” (Venue : Hilton Hotel - Dress Code : Business attire) with speeches of a.o. Mr. Kris Peeters, Minister President of the Government of Flanders
Table Sponsoring by:
- ABN AMRO Bank NV
- Arslanian Frères NV
- Beurs voor Diamanthandel CVBA
- Diamantclub van Antwerpen CVBA
- Diarough NV
- Driesassur NV
- Espeka BVBA
- Eurostar Diamond Traders NV
- SBD
- W.Nagel / Simona NV
- VKD
- Vrije Diamanthandel NV
Wed 18th June
9:30 am to 10:30 amWFDB & IDMA separate working sessions (Venue: HILTON Hotel)
10:30 am to 11:00 amCoffee Break
11:00 am to 12:30 pmWFDB & IDMA Joint Session (Venue: HILTON Hotel)
12:30 pmPress conference (Venue: HILTON Hotel)
1:00 pmLunch (starts at 12:30 for the guests not participating in the Press conference)
Press Release
Antwerp,Belgium,18th June 2014, the four day 36th World Diamond Congress closed today on a very positive note with a record attendance. The congress brought together the key industry players in this city, “The Diamond capital of the world” with all 30 member bourses represented. The Congress was jointly held with IDMA and well attended by major sister organisations including CIBJO and the World Diamond Council, comprising the leadership of the industry. Key issues discussed over the four days covered many aspects including:
(a) Formally approving the membership of Canada and South Korea as members of the WFDB. The Gem and Jewellery Export Promotion Council India (GJEPC) was also admitted as an Associate member. This forms part of a broader strategy implemented to expand the membership base by getting producing countries and mining companies to expand the WFDB membership base.
(b) Synthetics coupled with lab reports formed a part of the discussions. A decision was made to speak with one voice and ensure uniformity in lab reports while keeping a watchful eye on synthetic diamonds, ensuring that they are disclosed as synthetics. The meeting made it clear that synthetics were not seen as an enemy as they have their own market niche but that they must be marketed with full disclosure.
(c) Gender equality was discussed and very strong support was shown by delegates for the WFDB to see more young people and more female members. The President, reflected that in order to secure the WFDB’s future and relevance it was key to start developing the next generation of leaders.
(d) Communications formed an important part of discussions with the WFDB website being launched, including social media platforms. The Congress stressed that communications is the cornerstone of WFDB and industry development in the future. The speed at which the WFDB can communicate with its full membership and the global sector at large was critical. “Telling the Story” is key to building consumer confidence and top of mind awareness for diamond jewellery. The meetings closed with the announcement that the 2015 Presidents’ Meetings will take place in Israel and the 2016 World Diamond Congress will be held in Dubai.
NEWS
06/19/2014World news, WFDB News
Antwerp, Belgium – June 18, 2014:
Discussions of sister organizations headlined by concerns about industry financing, transparency and compliance issues, synthetic diamonds, laboratory services, industry communications.
The 36th World Diamond Congress concluded in Antwerp, Belgium, and reflected strength in the attendance and the presence of international diamond, gem stone and jewellery industry organization delegates. These included the representatives of 30 bourses affiliated to the World Federation of Diamond Bourses (WFDB), 15 members of the International Diamond Manufacturers Association (IDMA), the two bodies that organize the biennial world diamond congresses. They were joined by CIBJO, the World Jewellery Confederation and the World Diamond Council.
WFDB President Ernest Blom said that he was very pleased with the strong attendance of the WFDB affiliate bourses and with the topics that were raised and covered. “At the heart of our discussions were the sustainability and reputation of the diamond industry and trade at large.”
Among others, the WFDB resolved to build on its communications strategy and to expedite communications on a global level. IDMA president Maxim Shkadov said the IDMA members and the WFDB had held long and intense discussions on the diamond supply chain. “We talked at length about issues such as financing and the manufacturers’ relationships with the banks and other financial institutions active in the diamond industry and trade. In addition, we expressed our concern regarding the significant diversities of laboratory diamond grading standards and their impact on consumer confidence in diamonds; spoke about the DDI and the necessity of promoting advances in social and economic conditions throughout the diamond mining sector worldwide; and reviewed the FATF report about money laundering,” Shkadov noted. “And these are just a few out of the many other topics raised,” he said.
The WFDB and IDMA resolved that the 2015 Presidents’ Meeting will take place in Ramat Gan, Israel and the 37th World Diamond Congress in Dubai, the United Arab Emirates.
More Background on DiamondCongress2014.com
The World Diamond Congress is a biennial event that brings together key players in the international diamond industry. While not as widely known to the general public as some other industry conferences, it holds significant importance within the diamond trade. This article will explore the history, purpose, and impact of the World Diamond Congress, drawing on information from various industry sources and news outlets.
History and Background
The World Diamond Congress has its roots in the early 20th century when the diamond industry began to organize itself on a global scale. The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) jointly organize this event, which serves as a platform for discussing critical issues facing the diamond industry. The first World Diamond Congress was held in the 1940s, and since then, it has become a regular fixture in the diamond industry calendar. The congress typically alternates between different diamond centers around the world, reflecting the global nature of the trade.
Purpose and Objectives
The primary purpose of the World Diamond Congress is to provide a forum for industry leaders to address challenges, share insights, and shape the future of the diamond trade. Some key objectives include:
- Discussing industry-wide issues and developing strategies to address them
- Promoting ethical practices and transparency in the diamond supply chain
- Enhancing cooperation between different sectors of the industry
- Adapting to changing market conditions and consumer preferences
- Addressing regulatory and compliance matters
Structure and Attendance
The World Diamond Congress typically spans several days and includes a variety of sessions and events. These may include:
- Plenary sessions with keynote speakers
- Separate working sessions for WFDB and IDMA members
- Joint sessions between WFDB and IDMA
- Committee meetings on specific topics (e.g., judicial, trade promotion)
- Networking events and social gatherings
Attendance at the congress is primarily composed of representatives from diamond bourses, manufacturers, and other industry organizations. While the exact number of attendees can vary, it typically includes hundreds of delegates from dozens of countries.
Key Topics and Issues
Over the years, the World Diamond Congress has addressed a wide range of topics crucial to the diamond industry. Some recurring themes include:
1. Industry Financing
Access to credit and financial services has been a persistent challenge for many in the diamond trade. The congress often features discussions on improving relationships with banks and exploring alternative financing options.
2. Synthetic Diamonds
The rise of lab-grown diamonds has been a hot topic in recent years. The congress has addressed issues such as proper disclosure, differentiation from natural diamonds, and the potential impact on the market.
3. Ethical Sourcing and Sustainability
With increasing consumer awareness about the origins of products, the diamond industry has had to grapple with issues of ethical sourcing and sustainability. The Kimberley Process, which aims to prevent conflict diamonds from entering the market, has been a frequent subject of discussion.
4. Grading Standards and Consumer Confidence
Maintaining consistent grading standards across different laboratories has been crucial for maintaining consumer confidence. The congress has addressed concerns about variations in grading practices and their potential impact on the industry.
5. Technology and Innovation
The diamond industry, like many others, has been affected by technological advancements. Topics such as blockchain for traceability, online sales platforms, and new cutting techniques have been discussed at recent congresses.
6. Market Trends and Consumer Preferences
Understanding shifting consumer preferences, especially among younger generations, has been crucial for the industry's future. The congress often features presentations on market trends and strategies for adapting to changing demand.
Impact and Significance
The World Diamond Congress plays a crucial role in shaping the direction of the global diamond industry. Decisions made and strategies developed during these gatherings can have far-reaching effects on various aspects of the trade.
Industry Standards and Best Practices
The congress often results in the adoption of new industry standards or the reinforcement of existing best practices. For example, discussions about synthetic diamonds have led to clearer guidelines on disclosure and marketing of these products.
Policy Influence
Resolutions passed at the World Diamond Congress can influence government policies and regulations related to the diamond trade. The industry's stance on issues like the Kimberley Process has been shaped in part by discussions at these events.
Network Building
The congress provides a unique opportunity for industry leaders from around the world to meet and build relationships. These connections can facilitate business deals, partnerships, and the exchange of knowledge.
Public Relations and Image
As a high-profile industry event, the World Diamond Congress often attracts media attention. This provides an opportunity for the industry to communicate its message to a broader audience and address public concerns about issues like ethical sourcing.
Notable Congresses
While each World Diamond Congress is significant in its own right, some have stood out due to the issues addressed or the context in which they were held:
2006 Tel Aviv Congress
This congress was notable for its focus on the challenge posed by synthetic diamonds. It led to increased efforts to develop detection technologies and establish clear guidelines for disclosure.
2012 Mumbai Congress
Held in the midst of a global economic downturn, this congress focused heavily on financial challenges facing the industry and strategies for weathering the crisis.
2018 Mumbai Congress
This gathering saw a strong emphasis on technology and innovation, with discussions about blockchain, AI, and other emerging technologies that could transform the diamond trade.
Challenges and Criticisms
Despite its importance within the industry, the World Diamond Congress has faced some challenges and criticisms:
1. Representation
Some have argued that the congress does not adequately represent all stakeholders in the diamond industry, particularly those from smaller operations or artisanal miners.
2. Transparency
While the congress addresses issues of transparency within the industry, some critics have called for greater openness about the discussions and decision-making processes at the event itself.
3. Implementation
There have been concerns about the speed and effectiveness with which resolutions passed at the congress are implemented across the industry.
4. Relevance in a Changing Industry
As the diamond industry evolves, some have questioned whether the traditional structure of the congress remains the most effective way to address modern challenges.
Future Outlook
The World Diamond Congress continues to evolve to meet the changing needs of the industry. Recent congresses have seen increased focus on digital transformation, sustainability, and attracting younger consumers to the diamond market. As the industry faces new challenges, from changing consumer preferences to geopolitical tensions affecting supply chains, the role of the World Diamond Congress in fostering dialogue and developing industry-wide strategies is likely to remain crucial. The congress will need to continue adapting its format and focus to remain relevant in an increasingly digital and fast-paced business environment. This may involve greater use of technology to facilitate year-round engagement between congresses and efforts to broaden participation to include a more diverse range of industry voices. In conclusion, the World Diamond Congress stands as a vital institution in the global diamond industry, providing a forum for addressing challenges, setting standards, and charting the course for the future of the trade. As the industry continues to evolve, the congress is likely to play an ongoing role in shaping its direction and ensuring its sustainability in the face of changing global dynamics.