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SA Diplomatic Delegation Visits BDB

Focus On Strengthening Bilateral Ties In The Diamond Sector

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A senior diplomatic delegation from South Africa, led by High Commissioner H.E. Professor Anil Sooklal and Consul General Gideon Labane, visited the Bharat Diamond Bourse (BDB) on 29 April, signalling focus on strengthening bilateral ties in the diamond sector.

The delegation was received by Anoop Mehta, President, BDB; Kirit Bhansali, Chairman, GJEPC; Mehul Shah, Vice President, BDB, and other committee members. Officials toured the BDB campus, reviewing its infrastructure and secure trading ecosystem.

South Africa remains a key source of rough diamonds globally, and discussions centred on reinforcing supply stability, expanding trade partnerships, and building long-term value for industry stakeholders. Both sides explored avenues to deepen institutional collaboration across the diamond pipeline.

Highlighting over 200 years of India-South Africa ties, Mehul Shah called for faster visa processing with longer validity for BDB members and employees to ease business operations and support smoother rough diamond flows. He also proposed showcasing rough diamonds from South African producers at the India Diamond Trading Company within the bourse, enabling wider access, particularly for MSMEs, to direct supply from mines.

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QDE, Borsa Diamanti D’Italia Signed MoU To Bolster Trade and Expand Commercial Ties

The Two Exchanges Will Establish A Framework To Deepen Connection Across Their Respective Memberships, Exchange Invitations To Industry Events

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The Qatar Diamond Exchange (QDE) has signed a memorandum of understanding with the Borsa Diamanti d’Italia to bolster trade and expand commercial ties between their members, , marking its first strategic alliance with a European bourse.

The agreement was signed by QDE Director Ghanim Nasser Al-Saadi and Italian Diamond Exchange President Luigi Cosma during the World Jewellery Confederation’s (CIBJO) 100th anniversary event in Vicenza, Italy.

Under the terms of the deal, the two exchanges will establish a framework to deepen connection across their respective memberships, exchange invitations to industry events, and facilitate access to tenders, auctions, and viewings through reciprocal visits.

The partnership also aims to boost consumer confidence in natural diamonds and colored gemstones by reinforcing compliance with global sector standards, including guidelines set by the Responsible Jewellery Council (RJC) and the World Diamond Council’s (WDC) System of Warranties.

The deal follows similar pacts signed by the QDE last month with diamond bourses in Singapore, Shanghai, and Tokyo as part of an effort to broaden its global trading network.

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