WFDB highlights transparency and generic marketing at Asia Summit

c8e6d sizedownsmall WFDB highlights transparency and generic marketing at Asia Summit8ff3f sizeupsmall WFDB highlights transparency and generic marketing at Asia Summit
 WFDB highlights transparency and generic marketing at Asia SummitAt the Asia Summit held in Seoul, the World Federation of Diamond Bourses (WFDB) further endeavoured to refine its strategy going ahead. The Korea Diamond Bourse hosted presidents during the Summit.

The WFDB’s Executive Committee agreed on internal changes, as well as steps regarding increasing transparency in trading and generic marketing by the global diamond trade. WFDB also announced that its supported Know Your Customer (KYC) initiative, aimed at increasing transparency in the industry to banks and regulators, will be launched in May. “We were able to discuss a wide range of issues affecting the diamond industry globally and to receive input from our presidents from across the world,” said WFDB President Ernie Blom. “As we approach the World Diamond Congress in Dubai in May, we are finding that the themes for the meeting that we set – Transparency, Responsibility, Sustainability – cover the many issues on our agenda and we further strengthened our commitment to those principles.”

Participants agreed on the need to work closely with the Diamond Producers Association (DPA) to bring about effective generic marketing of diamonds, particularly through creating a deeper relationship between the DPA and the World Diamond Mark initiative.

Blom added that, “Executive Director Louise Prior presented a dynamic plan of action for ensuring the WFDB remains the ‘go to’ voice of the international diamond business. This looked at the challenges and opportunities for the midstream and the part the WFDB is playing, as well as our unflinching support for transparent and responsible business behaviour. We also further refined our internal structure and our new communication strategy to ensure the WFDB is at the forefront when it comes to providing positive and accurate messages to the trade and media.”



cd5fa facebookrnd WFDB highlights transparency and generic marketing at Asia Summit


cd5fa twitterrnd WFDB highlights transparency and generic marketing at Asia Summit


38ee6 linkedin WFDB highlights transparency and generic marketing at Asia Summit


38ee6 rssrnd WFDB highlights transparency and generic marketing at Asia Summit


38ee6 emailrnd WFDB highlights transparency and generic marketing at Asia Summit


d0483 printrnd WFDB highlights transparency and generic marketing at Asia Summit



d0483 pinterest WFDB highlights transparency and generic marketing at Asia Summit


bd63a googleplus WFDB highlights transparency and generic marketing at Asia Summit









bd63a rss icon WFDB highlights transparency and generic marketing at Asia Summit

05061 emailcms WFDB highlights transparency and generic marketing at Asia Summit
05061 print2 WFDB highlights transparency and generic marketing at Asia Summit


bd63a rss icon WFDB highlights transparency and generic marketing at Asia Summit

05061 emailcms WFDB highlights transparency and generic marketing at Asia Summit
05061 print2 WFDB highlights transparency and generic marketing at Asia Summit

aad6c closepopup WFDB highlights transparency and generic marketing at Asia Summit

aad6c logo320 WFDB highlights transparency and generic marketing at Asia Summit

39db0 closebuttonsmall WFDB highlights transparency and generic marketing at Asia Summit

Comments are closed.