India’s Gem and Jewellery Export Promotion Council (GJEPC) has become the first non-bourse member of the World Federation of Diamond Bourses (WFDB), Art of Jewelry reports.
“I am delighted that the GJEPC has become our first non-bourse member” WFDB President Ernie Blom said in a congratulatory statement “India is a very important part of the global diamond industry, and The Gem and Jewellery Export Promotion Council is a major force in promoting the country’s trade”.
Last week, it was reported that GJEPC has changed its code of ethics to enable it to become a member of the WFDB, and created a Trade Disciplinary Committee (TDC) with the Bharat Diamond Bourse (BDB) and the Mumbai Diamond Merchants’ Association (MDMA).