India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

Yesterday

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

ALROSA CEO may refuse to participate in the Davos Forum

05 december 2018
(IA SakhaNews) - “I have not made a decision yet (regarding the participation in the forum - TASS). In principle, this was in my plans as there we have a separate workshop attended by executives of the world's largest mining and steel companies, but from the point of view of business ethics and probably from the point of view of supporting Russian businessmen, including our colleagues, state banker Andrey Kostin, I understand that if a group of Russian businessmen does not go to the forum in Davos, I can probably think from the point of view of my participation as well,” said Ivanov.
Earlier, citing its sources, the Financial Times said that Rusal’s co-owner Oleg Deripaska, Renova’s owner Viktor Vekselberg and VTB head Andrey Kostin will not be invited to the World Economic Forum in Davos in 2019. Prime Minister Dmitry Medvedev said that if restrictions on the work of Russian businessmen in Davos are not lifted, Russia will refuse to participate in the forum.
As Russian President Vladimir Putin recently said, a possible boycott by Russia of the World Economic Forum in Davos will not affect the country's authority. According to him, every Russian businessperson can take an independent decision about his or her participation in this event.
The Davos Forum is an annual meeting gathering representatives of the political and business elite. In addition to politicians and businessmen, the event is attended by representatives of public organizations, academia, cultural figures and media executives taking part in discussions. The next traditional annual meeting in Davos, Switzerland to be held on January 22 to 25, 2019 will be devoted to the problem of globalization and world-wide transformations in the age of the Fourth Industrial Revolution.