India's Gem & Jewellery Export Promotion Council the First Non-Bourse to Join WFDB

03/01/2017 16:41

India's Gem and Jewellery Export Promotion Council (GJEPC) has become a full member of the World Federation of Diamond Bourses (WFDB), marking the first time a non-bourse organizaion has been admitted as a full member of the global diamond organisation, finalizing last week's announcement. GJEPC's Annual General Meeting in Mumbai approved changes in its code of ethics necessary to complete the process of joining the WFDB. "I am delighted that the GJEPC has become our first non-bourse member," said WFDB President Ernie Blom. "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." Blom adds, "We look forward to welcoming other industry players into the WFDB. Such bodies will provide us with important input regarding the diamond and jewellery trade from their perspective, and they will be able to observe our operations from within at our meetings. Our industry is undergoing continuous change, and that makes it vital for bodies from across the diamond pipeline to join the WFDB as it leads our trade forward."