WFDB Executive Committee Meeting Ends with Agreement on Strategic Direction

(IDEX Online News) – The Executive Committee of the World Federation of Diamond Bourses (WFDB) has concluded in Idar-Oberstein, Germany. On the agenda at the gathering were expanding the membership of the WFDB as a leader of the worldwide diamond trade by accepting associate and other members and introducing a global communications strategy to make it the authoritative trade organisation of the diamond industry.

Regarding the issue of new members, the meeting accepted a proposal to enable the creation of sub-committees to create forums for new associate and nation affiliated members.

"We take our leadership position very seriously, and in a rapidly changing world we

need to carefully examine how we boost it further by adding other representatives of the diamond pipeline," said WFDB president Ernie Blom. "They are interested in being affiliated to the WFDB and our members will benefit from their input.”

The committee also reiterated its support for the World Diamond Mark and its generic diamond promotion work.

The next Executive Committee meeting will take place on February 28, 2015 in Seoul, South Korea, with the annual Asian Summit taking place on February 29.  

The 2016 World Diamond Congress will take place in Dubai from May 16-19, 2015.