The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) announced today that the 38th World Diamond Congress scheduled to be held in Tel Aviv, Israel, from June 19 to 21, 2018 has been cancelled. The Congress is the biennial general body meeting of the WFDB and IDMA.
While making the announcement – “with much regret” – the two organisations said that the unprecedented step was being taken as a result of “the weak response to registration” which, they said was “no doubt also influenced by the rising tension in the region”.
In a joint statement, WFDB President Ernie Blom and IDMA President Ronnie VanderLinden said: “It is obviously with very great regret that we have reached the decision to cancel the Congress. We had a full agenda of issues regarding the state of the global diamond industry and preparations were in full swing.
“However, we have to take all factors into account, and felt it was the correct decision to make which is in the best interests of all concerned. The Congress will be held at a later date which will be determined in the near future.”
Israel Diamond Exchange was the organiser of the Congress and had planned to feature a section on how technology can aid the diamond industry, among other matters.
News Source : gjepc.org