Israel to host 2015 Presidents' Meeting in Tel Aviv
March 12, 15(IDEX Online News) – The biennial Presidents' Meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) will take place in Israel in June.
During the two-and-a-half-day event, the leaders of the 30 diamond bourses affiliated to the WFDB, and IDMA's 16 member organizations will discuss the most pressing issues affecting the global diamond industry.
Israel Diamond Exchange president Shmuel Schnitzer, who is also an Honorary WFDB President, said the meeting comes at a time when the industry is facing a variety of challenge, including: rough diamond supplies, pressure on polished diamond prices, the need for additional financial partners, and mounting competition in the luxury consumer product markets.
Instituted in the early 1980s, Presidents' Meetings take place every two years, with the full World Diamond Congress held in the intervening years.
The 2015 Presidents’ Meeting will take place at the Tel Aviv Hilton Hotel from June 14-16.