ALROSA's Polyakov Elected WDC VP, To Become President in 2016

Finance and Trade
13/10/2015 12:40

ALROSA Vice President Andrey Polyakov has been elected World Diamond Council (WDC) Vice President at the WDC's annual general meeting taking place in Moscow. Polyakov will become WDC President in 2016. The WDC members outlined a strategic plan for the coming two years, which includes cooperation with the KP on the issues regarding the exclusion of conflict diamonds from international trade. The Council will continue its work on improving and fulfilling the demands of regulatory and voluntary systems to control the trade in diamonds. There was debate in particular on the issues of increasing business transparency, responsible business practices, and strengthening of the reputation of the global diamond market.