International News
CA Congress embraces sustainability initiatives in Brazil and Africa, guides trade on tariffs
The May 19-22 ICA Congress highlighted initiatives towards greater sustainability in Brazilian and African gemstone mining, and gave guidance to the global gemstone trade on how to face up to the challenge of tariffs.
The Congress of the International Colored Gemstone Association (ICA) in Brasilia heard calls from speakers to develop responsible sourcing of coloured gemstones in Brazil by improving permissions for small-scale artisanal miners, who extract most of the South American country’s vast array of coloured gemstones.
Geologist Brian Cook, owner at Nature’s Geometry, appealed at the ICA Congress for more support for Brazilian artisanal mining communities in order to strengthen the industry. Cook urged more state-backed initiatives as well as investments to support responsible sourcing and permissions in artisanal mining areas, while ensuring health and safety.Regenerative agriculture, new income resources and entrepreneurial opportunities can be introduced to move towards greater sustainability in artisanal mining, he added.
The “Gems Keep Giving” initiative presented information about a life-changing project in Kenya and a new project that has started in Brazil to combat silicosis, which is a form of occupational lung disease caused by inhalation of crystalline silica dust.
A video presentation about a “Gems Keep Giving” water purification project in Kamtonga, Kenya, supporting the small-scale artisanal mining community there, received a standing ovation from the audience.
The ICA’s leadership advised their members around the world, faced with the challenge of tariffs, to contact their local government representatives to press for preferential trade deals, and to seek out contacts with US trade representatives.
ICA and the US Jewelers Vigilance Committee (JVC) are planning webinars in the coming months to inform members about tariffs and how to facilitate trade and shipping in coloured gemstones.
A possible rise in US tariffs after expiration of the present 90-day pause, could trigger investment in cutting and polishing in gemstone origin countries, Sara Yood, President, CEO and General Counsel at the JVC, told the ICA Congress.
If tariffs, presently held at 10 percent, revert to higher rates in key gemstone manufacturing countries such as India and Thailand, more investments in crafting operations in gemstone origin countries may follow, Yood said during a question-and-answer session. “Businesses may look to keep more cutting in mining countries, especially if those mining countries have a preferential tariff rate,” she said.
The ICA leadership summed up the impact of the Congress, underlining the strength of engagement by attendees at the event.
International News
Candidates From India, China and The UAE Running For President Of The WFDB
The Election Reflects Power Shifts In The Trade As Well As Open Questions About The WFDB’s Character and Future.
Three candidates from India, China and the United Arab Emirates (UAE) are running for president of the World Federation of Diamond Bourses (WFDB) in an election that reveals contrasting approaches to the organization and the industry. s (WFDB) in an election that reveals contrasting approaches to the organization and the industry.
Bharat Diamond Bourse (BDB) vice president Mehul Shah, Shanghai Diamond Exchange (SDE) president Lin Qiang, and Dubai Diamond Exchange (DDE) chairman Ahmed Bin Sulayem have put their names forward ahead. Israel’s Yoram Dvash is standing down after completing the maximum two three-year terms.
The key theme is a split between preserving the federation’s traditional, experience-led model and pushing a younger, reform-minded approach.
Candidate positions
Mehul Shah is presented as the continuity candidate: he wants to strengthen the federation, add members, and restore its earlier influence, but he argues that younger leaders should first gain experience in junior roles.
Ahmed Bin Sulayem is linked with a reformist, younger-leaning camp that wants fresh leadership and modernization, with David Troostwyk and Molefi Letsiki on the same informal slate.
Lin Qiang’s role is more institutionally grounded, with recent WFDB and Shanghai ties showing China’s growing involvement in the federation’s outreach and industry strategy.
Industry context
The election is happening against broader concern about the WFDB’s relevance as lab-grown diamonds reshape the market and as influence shifts toward bodies like the World Diamond Council.
WFDB leadership tracker: track the Executive Committee, presidential election rules, and potential future candidates from India, China, and the UAE.
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