Self-regulation by GJF

GJF appeals to suspend the sale of gold coins, bars and low value added products to consumers with immediate effect.

Post By : IJ News Service On 13 August 2013 11:45 PM
The new chief executive officer of Alrosa, Fyodor Andrejev is on a visit in Antwerp, where he is interacting with the Antwerp diamond industry and identifying ways for growth within the holistic global industry growth. Also, the cooperation between Alrosa and AWDC, which was put into a cooperative agreement in 2007, was confirmed and positively evaluated. %% Andrejev visited the AWDC’s Diamond Office and HRD Antwerp’s diamond lab and was updated on structures, regulations, key resources and current activities of the Antwerp diamond market in meetings with officials of Antwerp World Diamond Centre and the Antwerp diamond companies. %% His meetings also included discussions on efforts that could boost the recovery of the diamond market and new alliances which would follow the full recovery of the worldwide diamond market. Andrejev informed AWDC that Alrosa is determined to continue its presence in the world market in a balanced and responsible way, respecting long term contracts with its clients. With this, he strongly clarified that information about Alrosa’s intention to flood the market with excess stock of rough, or to use deep discounts in marketing, is not true. %% Freddy J. Hanard, CEO of Antwerp World Diamond Centre said, “I’m very pleased by the continued warm and good relations between Alrosa’s CEO and our foundation”.

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