On September 27, ALROSA President Sergey Ivanov held a meeting with representatives of U.S. diamond industry: the President of U.S. Jewelry Council Ronald VanderLinden and the President of Diamond Dealers Club of New York Reuven Kaufman, the company states in a press release. The parties discussed topical issues of the current state of the global rough and polished diamond industry and the prospects for possible cooperation,including work in the scope of industry organizations. One of the topics of the working meeting was the resumption of the work of the ALROSA trade office in New York (Arcos USA), which, due to organizational reasons, practically has not operated since 2016.
ALROSA is currently considering a number of candidates for the position of Head of the Arcos USA. The subdivision is expected to resume its operation, including the trade of diamonds, in late 2017 - early 2018. "The U.S. is the world's largest diamonds jewelry consumption market. There is no doubt that ALROSA is interested in the presence and development of cooperation in this market, not only within the rough diamonds sales, but also within the trade in polished diamonds. And we are glad to see similar interest from our colleagues. Modern consumers express an increasing need of an understandable and guaranteed origin of stones in jewelry, and this is one of the competitive advantages that we can offer," said ALROSA President Sergey Ivanov.