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Third International Economic Jewelry Forum concluded in Moscow

07 october 2015
The Third International Economic Jewelry Forum held under the slogan "New Realities, New Challenges, New Strategy in a Changing Global Marketplace" concluded its work at the Chamber of Commerce of the Russian Federation on October 2, 2015. The event was organized with the support of Russia’s Ministry of Finance, Gokhran, Assay Chamber, Russian Jewellery Trade Club and RESTEC JUNWEX media holding. This year, the event was backed by the largest diamond mining company in the country, ALROSA acting as a general partner.
The aim of the Forum was to formulate policy guidelines and recommendations for the development of the jewelry industry in Russia by the country’s jewelry community and state agencies.
The plenary session was attended by Alexey Moiseev, Deputy Finance Minister; Alexander Rybakov, Vice President of the Chamber of Commerce of the Russian Federation; Andrey Yurin, Head of Gokhran of Russia; Alexander Markin, Head of Assay Chamber of Russia; Andrey Zharkov, President of ALROSA; Maxim Shkadov, CEO of Kristall and President of the International Diamond Manufacturers Association; Eduard Utkin, CEO of Russian Jewelers Guild; Sergey Trofimov, President of RESTEC Group; Dina Akpanbaeva, Deputy Director of Customs-and-Tariff and Non-Tariff Regulation of the Eurasian Economic Commission; and others.
Gagik Gevorkyan, Chairman of the Council of the Russian Jewelers Guild Association inaugurated the international forum with an opening speech. The Forum was moderated by Galina Ananyina, President of the Foundation for the Development of Jewelry Art in Russia.
The forum was attended by experts and representatives from state ministries and agencies, envoys authorized to protect the rights of entrepreneurship and small business, members of the banking community, officials from the Federal Financial Monitoring Service and that of the Federal Customs Service, as well as by leaders of jewelry companies and national jewelry associations of Russia, Armenia, Kazakhstan and Kyrgyzstan.
The major topics discussed at the forum included a dialogue between business and authorities as a basis for finding a way out of the crisis; loans and investments in the jewelry industry; changes in the rules governing the circulation of precious metals and precious stones, as well as the rules of jewelry sales; elimination of excessive administrative barriers to increase the efficiency of the jewelry industry and its investment attractiveness; comparative analysis of business environment in the member states of the Eurasian Economic Union (EAEU); measures to stimulate the turnover of Russian jewelry in overseas markets, and more.
Two important documents were signed during the plenary session and these were the Memorandum of Cooperation between Russian Jewelers Guild and Union of Jewelers and Entrepreneurs of the Kyrgyz Republic, as well as the Agreement on Strategic Partnership between Russian Jewelers Guild, Russian Jewellery Trade Club and RESTEC JUNWEX, which was signed by Gagik Gevorkyan, Sergey Poltorak and Valery Budny.
On the forum day, there was launched an exhibition, Jewelry Art in Russia: Traditions and Contemporaneity spread out in the foyer of the Congress Centre of the Chamber of Commerce. The exhibitors included the Kristall Production Corporation, Bahmetyev Cut-Glass Factory, Ilgiz Brand (belonging to artist and jeweler Ilgiz Fazulzyanov), Goznak, Argentov Jewelry House, Carat Jewelry Factory, Rostov Enamel, as well as artist and gem cutter Dmitry Samorukov.
A large part of the Forum was devoted to the exchange of views between the members of the Eurasian Economic Union represented by jewelers and officials from Russia, Armenia, Kazakhstan and Kyrgyzstan. They made a comparative analysis of business environment in the member states of the EAEU and found new opportunities for integration and implementing the capabilities of the jewelry market of each of these countries.
An informative round table on "New Investment Opportunities for Jewelry Art in Economic Instability" was held during the second part of the Forum moderated by Galina Ananyina, President of the Foundation for the Development of Jewelry Art in Russia and by Albert Kingsley, Development Director of the same foundation. The round table was of great interest and attracted numerous market participants to the debate.
In the run-up to the Forum, the organizers launched the traditional Jewelry Charity Ball in the Banquet Hall of Russian Jewelers Guild on September 30. The charity lottery held at this event helped to raise funds that will be used to establish scholarships for jewelry educational institutions, such as College of Arts and Crafts No. 36 named after Peter Carl Faberge, Polytechnic College № 13 named after Pavel Ovchinnikov and College of Entrepreneurship No. 11.