Alrosa to Tender +10.8Ct Stones During Israeli Buyers’ Week
August 01, 13
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The decision was reached following talks between Israel Diamond Exchange (IDE) President Yair Sahar and Alrosa vice-president Yuri Okoyomov.
The rough diamond tender will feature diamonds of 10.8 carats and larger, with viewing to take place from August 20-29 at the offices of Arcos Diamonds (Israel), Alrosa's representative office in the Ramat Gan diamond exchange.
So far this year, Alrosa and IDE have organized three tenders and two more will be held this year, including the one this month.
"Alrosa is very pleased to continue its cooperation with the Israel Diamond Exchange and in particular with the effective and fruitful talks we have held with IDE president Yair Sahar, who has proven an excellent partner in this project,” said Okoyomov. “This project has the across-the-board support of the Alrosa management, and in particular of our company's president, Fyodor Andreev.
"Alrosa fully recognizes Israel's stature as a major, dynamic diamond manufacturing and trading hub that is among the leading centers in the world. Israel's diamond industry barrier-breaking technology and expertise are well known and highly appreciated by Alrosa. We are confident that next month's tender will serve toward the further broadening and strengthening of our mutual business interests and will bode well for the future," he added.
Meanwhile, Sahar said the IDE is working to increase and diversify Alrosa's business activities in Israel. "Israel's diamond expertise, experience and abilities in diamond manufacturing remain unparalleled. Therefore, to sustain and develop our industry, we are consistently and continuously seeking not only to increase the supply of rough but also to diversify it the best we can. Our cooperation with Alrosa and the ensuing organization of rough diamond tenders, are part the efforts of the IDE's board and management to create tangible added value for the members of our exchange," Sahar added.