DMIA and US Kimberley Process Authority to Study Rough Diamond Trade in US

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The Diamond Manufacturers and Importers Association of America (DMIA) and the United States Kimberley Process Authority (USKPA) will jointly study the trade in rough diamonds in the United States. In a joint statement, the two organisations said that the study aimed to “better understand the market forces that are driving rough diamond imports and exports”.

The scope of the research is to understand the nature of U.S. imports and exports of rough diamonds. The study will include information about market trends, valuation, import and export flows, as well as sources.

The research project will be conducted by a team comprising Dr. Martin Hochbaum and Cecilia Gardner, Directors of the USKPA, and Jeffrey Fischer, a former DMIA president and honorary President of the International Diamond Manufacturing Association (IDMA), who will represent DMIA.

Ronnie Vander Linden, the incumbent president of the DMIA and IDMA said, “Cooperation from the rough diamond industry to assist in this research project will be key to its success. All members of DMIA are urged to cooperate when contacted by the research team!”

News Source : gjepc.org

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.

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