World Diamond Council

World Diamond Council

The World Diamond Council (also known during its prototype period as the International Diamond Council) is an organization consisting of representatives from diamond manufacturing and diamond trading companies. The Council was set up in July 2000 to examine ways to reduce the number of conflict diamonds entering the diamond market.

At almost the same time national governments also took steps to eradicate trade of conflict diamonds by drawing up the Kimberley Process which governs how diamonds are obtained and traded. The World Diamond Council has representation on the Kimberley Process's working groups and is influential in determining the implementation of the Process.

The Council was set up in July 2000 after a joint meeting of the World Federation of Diamond Bourses (representing all the world's significant diamond trading centres) and the International Diamond Manufacturers Association (representing significant manufacturers).

The Council is currently chaired by Eli Izhakoff. There are eight other operating officers. In addition the Council has around 70 members representing jewellers, traders and manufacturers ( [http://www.worlddiamondcouncil.com/memberscom.shtml a full list of members] ). There are observers from the governments of Belgium (Antwerp is the largest diamond trading centre), South Africa (the largest diamond producing country) and Israel.

10 committees (Steering, Technical, Finance, Banking, United States Legislative, Legal, Information and Research, Producers, International Government and United Nations Liaison and Membership) report to the council.

The IDC Rules are the diamond grading guidelines devised by the International Diamond Council (IDC), which was set up in 1978 by the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). There are currently five gemological laboratories worldwide that apply the IDC Rule Book. They are1. The Certificates Department of the Antwerp Diamond High Council (HRD), Belgium; 2. The Swedish Testing Institute, Stockholm, Sweden; 3. The Jewellery Council of South Africa Laboratory, Johannesburg, South Africa; 4. The Diamant Prueflabor, Idar Oberstein, Germany. 5. The Diamond Certification Laboratory of Australia, Sydney, Australia

ee also

* Diamonds as an investment

External links

* [http://www.worlddiamondcouncil.com/ Official homepage of the Council]
* http://www.diamondfacts.org
* [http://www.israelidiamond.co.il/english/News.aspx?boneId=918&objid=1898/ The fifth annual meeting of the World Diamond Council]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Diamond Education College — DIAMOND EDUCATION COLLEGESEnrol now and join what is probably the worlds most exclusive, profitable and exciting industry.Corlia Roberts holds the key to that door. Which is why The Corlia Roberts Diamond Education College has achieved such a… …   Wikipedia

  • Diamond — This article is about the mineral. For the gemstone, see Diamond (gemstone). For other uses, including the shape ◊, see Diamond (disambiguation) …   Wikipedia

  • World Council — Created page with World Council may refer to:In dance:* World Dance Council, a dance organizationWorld Council may refer to:In dance:* World Dance Council, a dance organization * World Swing Dance Council, an organization based in Phoenix,… …   Wikipedia

  • Diamond (gemstone) — Part of a series on Diamonds Material Material properties Crystallographic defects Formatio …   Wikipedia

  • Diamond Studd — Scott Hall the United States [[Datei:|200px]] Daten Ringname(n) The Diamond Studd …   Deutsch Wikipedia

  • Diamond color — Part of a series on Diamonds Material Material properties Crystallographic defects Formatio …   Wikipedia

  • Blood diamond — For other uses, see Blood diamond (disambiguation). Panning for diamonds in Sierra Leone. In relation to diamond trading, conflict diamond (also called a converted diamond, blood diamond, hot diamond, or war diamond) refers to a diamond mined in… …   Wikipedia

  • Marange diamond fields — …   Wikipedia

  • Diamond Light Source — Logo Diamond Light Source is the UK s national synchrotron science facility located in Oxfordshire, United Kingdom. Its purpose is to produce intense beams of light whose special characteristics are useful in many areas of scientific research. In …   Wikipedia

  • World Vision International — Gründer Walter Stanley Mooneyham Typ Incorporated …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”