Singapore will Host 36th World Diamond Congress
IDEX Online Staff Reporter
(IDEX Online News) - The invitation of the Diamond Exchange of Singapore (DES) to host the 36th World Diamond Congress of the World Federation of Diamond Bourses (WFDB) in 2014 was accepted. DES president Suresh Hathiramani said his bourse's interest in hosting a WFDB congress was, among other things, to increase Singapore's profile.
"Singapore is an important gateway to the Asian market, in particular to markets such as Malaysia and Indonesia which are the next potential growth markets for diamonds and diamond jewelry," WFDB President Avi Paz said.
According to Hathiramani, "While our exchange's membership is small compared to that of other bourses, our role as a diamond distribution hub is important in this part of Asia. Our members serve those markets that are beyond the horizon of most other bourses.”
Paz paid tribute to Hathiramani's work on behalf of the WFDB. "He is one of the WFDB's most active presidents, who is always ready to make an extra effort for our organization. With his appointment as chair of the WFDB Trade & Promotion Committee - following the passing away of Freddy Hager - I am confident that he will be instrumental in advancing the WFDB and in growing its role and prestige as the diamond industry's leading representational organization."
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