The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that the 38th World Diamond Congress, organized by the Israel Diamond Exchange (IDE) and due to be held from June 19 to 21 in Tel Aviv, is cancelled.
According to a press release, the WDC was cancelled due to “the weak response […] no doubt also influenced by the rising tension in the region”.
In a joint statement, WFDB President Ernie Blom and IDMA President Ronnie VanderLinden said: “It is obviously with very great regret that we have reached the decision to cancel the Congress. We had a full agenda of issues regarding the state of the global diamond industry and preparations were in full swing. However, we have to take all factors into account, and felt it was the correct decision to make which is in the best interests of all concerned. The Congress will be held at a later date which will be determined in the near future”.
