Indo-Russian Diamond Summit Begins April 3

India’s diamond manufacturers and Russia’s buyers will meet on April 3 to 5, in Surat with the aim to boost trade ties.

The network meeting, jointly organized by Moscow Diamond Bourse (MDB) and India’s Gem & Jewellery Export Promotion Council (GJEPC), follows the highly successful Indo-Russian Jewellery Summit held in Mumbai in June 2011.

GJEPC“This is the first opportunity for Russian companies to establish direct business relations with diamond manufacturers in Surat, which is the very heart of India’s diamond industry,” said Alex Popov, MDB’s president. “During the past few years, we have been making considerable efforts to establish a working relationship between the council and our bourse and I am very encouraged by this pilot project.”

Representatives of 15 of India’s largest diamond firms will hold meetings with their Russian guests, offering them a wide assortment of polished diamonds of all cuts, sizes and clarities. The Russian delegation will have around 30 members, with jewelers from all over the Russian Federation.

The program includes business meetings, diamond viewings, visits to polishing plants and a roundtable discussion with GJEPC’s chairman, Rajiv Jain, and Popov.

After the summit, the Russian delegation will visit Jaipur –India’s leading colored gemstones manufacturing and trading hub– for a deeper understanding of the city’s gemstone industry as well as visiting the historic Pink City.

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