Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

South Korea-Antwerp trade to soar sans diamond tax

02 april 2019

Representatives of the AWDC joined Belgium’s state visit to South Korea from March 24 to 28. The bilateral trade between Belgium and Korea is poised for further growth if the latter's 5 percent tax on diamond imports is removed.
South Korea had earlier abolished a 26 percent individual consumption tax on polished diamond imports, replacing it with a 5 percent import tax and a 10 percent value-added tax.
 “The visit served as an opportunity to raise at the political level the issue of the 5 percent import tax on diamonds from Antwerp. Eliminating this tax would have a very positive influence on Antwerp-Korea trade,” AWDC said in a statement. “As it now stands, Antwerp is at a competitive disadvantage compared to other trade centres that are already exempt from paying this import tax.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished