AWDC & Alrosa Renew Cooperation Agreement

The Antwerp World Diamond Centre (AWDC) and Alrosa renewed their cooperation agreement to further expand and strengthen the close relationship between the leadership of the two organisations over the course of the next few years.

The new agreement improves the scope and efficiency of their mutual ties, and commits to supporting the diamond industry across a broad spectrum of topics, from the open exchange of information to the promotion of joint marketing initiatives. It also seals mutual commitment to protect the integrity and transparency of the diamond value chain by supporting the work of the World Diamond Council and the Kimberley Process and reaffirms the efforts to improve consumer confidence in diamonds as a product.

The new cooperation agreement was signed by Sergey Ivanov, CEO of Alrosa, and Ari Epstein, CEO of AWDC.

Ivanov said: “Currently, Alrosa has 58 Alrosa Alliance members who buy gem-quality rough diamonds, and 21 of them are companies from Belgium. AWDC is a long-standing and reliable partner for Alrosa, and I am confident that this new agreement will allow us to further our cooperation and aim our joint efforts at the sustainable development of the entire industry within the important context of the ESG transformation of the global diamond market.”

Epstein added, “Renewing our agreement sends a clear signal that we embrace our leading roles in the global diamond industry and that we will work together to turn whatever challenges arise into mutual opportunities, as we have done in the past.”

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