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The Antwerp World Diamond Centre (AWDC), the industry organization representing the interests of 1,600 diamond companies in Antwerp, has appointed Nishit (Bali) Parikh as its new President, replacing outgoing President Stéphane Fischler. The Board of Directors also appointed Freddy Inzlicht and Samir Mehta as Vice- Presidents, respectively representing the bourses and the trade.
After a very difficult 2015, the Antwerp diamond trade stabilized in 2016. This trend continued over past year as the industry traded a total of $US46 billion in diamonds. In 2017, a total of 233.6 million carats of diamonds were imported to and exported from Antwerp. This again represents an increase in the volume of diamonds traded, with a particularly notable increase in the rough diamonds sector.
Find an overview of all notices of fake KP Certificates issued in 2017 by the Federal Public Service Economy, EU KP Authority, Belgium.
Bain & Company’s seventh annual Global Diamond Report finds rough-diamond players are likely to increase their marketing spend by about 50 percent over previous years to promote the diamond story.
In the context of a cooperation between AWDC and CIFAL Flanders | UNITAR, CIFAL Flanders | UNITAR and AWDC are intending to conduct a questionnaire (based on a checklist) to gain insight into the positive contributions of, and potential challenges for the Antwerp diamond industry in achieving the 17 Sustainable Development Goals specified in the United Nations 2030 Agenda for Sustainable Development.
After a very difficult 2015, the Antwerp diamond industry recorded a 5% increase in trade in 2016. This past year, a total of 48 billion USD worth of diamonds were imported to and exported from Antwerp. The rough diamond market in particular is clearly making a strong recovery. This is positive sign, given that the rough diamond trade is the foundation and heart of the diamond trade. The proactive efforts of the Antwerp World Diamond Centre (AWDC) to bring more rough diamonds onto the Antwerp market is clearly bearing fruit.
Following the formal decision of the European Commission, the Federal Government has received official authorization for the introduction of the ‘Carat Tax’. This means that the yearly recurring fiscal control difficulties with which many diamantaires have been confronted in the past will come to an end.
Find an overview of all notices of fake KP Certificates issued in 2016 by the Federal Public Service Economy, EU KP Authority, Belgium
