Another diamond-related subject on the minds of many JCK attendees: possible sanctions on Russia.
Though the recent G7 summit did not come out with an expected ban on Russian polished gems, participants in JCK’s “Natural Diamond Updates” panel warned show attendees to expect sanctions.
Tiffany Stevens, president and CEO of the Jewelers Vigilance Committee, explained that the traditional way U.S. sanctions work is they start small, then “ratchet up.”
All of this has meant improved provenance tracking. “Knowing where a diamond comes from has become increasingly important,” said De Beers CEO Al Cook at a ceremony opening his company’s booth, which was touting the company’s Code of Origin services.
He added that De Beers, like the rest of the industry, has become more committed to sustainability—right down to the decor at its Vegas booth. “Even the plants will be replanted and donated to local organizations.”
For more Updates Do follow us on Social Media
Facebook Page https://bit.ly/3blw5Rg
Instagram https://bit.ly/3MsRHbP
YouTube https://bit.ly/3LjGj2L
Twitter https://bit.ly/3E9IO5U
Linkedin https://bit.ly/3M17Xlk
WhatsApp Group https://bit.ly/JEWELBUZZ
Commenti