It will be introduced in Hyderabad at the 2nd edition of Jewels of Asia on August 1,2,3
Sierra Leone exported $35 million worth of diamonds in the first five months of 2010, indicating a 25 percent increase over the corresponding months in 2009, reports say. At the onset of 2010, the country’s government had increased tax on diamond exports worth over $500,000 from 6.5 percent to 15 percent, intending to raise more revenues. %% Sierra Leone had exported $79 million worth of diamonds in 2009, showing a dip of 20 percent, while in 2008 it exported over $99 million worth of rough diamonds. %% Sierra Leone is hopeful that exports will pick up by 2011, despite the current downturn effects of the economy in the diamond market.
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