Russia to lower import duty on rough diamond from 1st Jan 2010

Duty to reduce from 20 percent to 15 percent

Post By : Diamond World News Service On 12 December 2009 3:00 PM
The much awaited 60th anniversary of World Federation of Diamond Bourse WFDB is all set to start on June 24rth. %%The three day event is planned to take place in Amsterdam under the title of “celebrating the WFDB’s diamond anniversary; building on a tradition”.%% Presidents’ meetings are held in the intermittent years between congresses of the WFDB and the International Diamond Manufacturers Association (IDMA) that take place biennially.%%According to reports, the event is being hosted by the Vereniging Beurs voorden Diamanthandel, the Amsterdam Diamond Exchange (ADM). A special diamond anniversary publication has been published to mark the occasion and will be distributed at the event. %%During these two-day events, the presidents of the 26 diamond bourses affiliated to WFDB meet to discuss ongoing issues and to prepare the agenda for the congress in the year thereafter. %%Speakers will include: Amsterdam mayor Job Cohen, ADM president Ed Blik, DTC managing director Varda Shine, WFDB president Ernest Blom, IDMA president Jeffrey Fischer.

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