The 2011 Presidents’ Meeting of the World Federation of
Diamond Bourses decided in Dubai earlier this month to accept the invitation of
the Diamond Exchange of Singapore (DES) to host the 36th World Diamond
Congress in 2014.
“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 in a statement. “During the past decades, the members of the
Diamond Exchange of Singapore have made a significant contribution to the
development of new diamond markets.”
“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,”DES president Suresh Hathiramani said in a statement. “Our
members serve those markets that are beyond the horizon of most other bourses.
As such, we are the face of the diamond trade.”
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