The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

Unifying role is the main objective of the National Gemological Association

Yuri Shelementiev runs the Gemological Centre (GC) at the Moscow State University and is a president of the National Gemological Association (NGA) uniting the gemologists of Russia. The head of the MSU’ GC and the NGA answered the R&P’s...

15 july 2019

Armenia increases tax on imports of gold and diamonds from non-EAEU countries

05 march 2019

The Armenian government has decided to consistently increase the tax on imported gold and diamonds from the non-EAEU countries, Sputnik quoted the Minister of Economic Development and Investments Tigran Khachatryan as saying.
This year, the tax on imports of gold and diamonds will increase by 3%.
"From January 1, a 3% duty will be applied to imports of diamond and gold products. In 2020, the duty will reach 6%, and in 2021 it will go up 10% for gold and 9% for diamonds, in 2022 it will rise by 15%,’’ the agency quoted Khachatryan as saying.
According to the report, an income tax increase will strengthen the position of local business.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg