WDC President Feriel Zerouki participated in a panel discussion considering the implementation of sanctions against diamonds of Russian origin imposed by the G7 countries, during the JCK Show in Las Vegas on May 31, 2024.
Menu
Issues related directly to the World Diamond Council
WDC President Feriel Zerouki participated in a panel discussion considering the implementation of sanctions against diamonds of Russian origin imposed by the G7 countries, during the JCK Show in Las Vegas on May 31, 2024.
Feriel Zerouki, President of the World Diamond Council (WDC), spoke during a panel discussion moderated by industry consultant Edahn Golan, during the JCK Show in Las Vegas on May 31, 2024.
WDC President Feriel Zerouki and WDC Vice President Ronnie VanderLinden examined the challenges being faced by the diamond industry in complying with the packages of sanctions being applied by G7 countries on imports of diamonds of Russian origin.
Feriel Zerouki, President of the World Diamond Council, addresses the Opening Session of the Kimberley Process forum, at Victoria Falls in the Republic of Zimbabwe on November 6, 2023.
While it may not have been immediately apparent during the tumultuous days in 2000, the structure of the WDC enabled the new organization to take a broader perspective than that required by its role within the KP, ensuring its relevance long after the civil wars that prompted the conflict diamond crisis eventually drew to a close.
February 21, 2023, marked 16 months since the official launch of the World Diamond Council’s revised System of Warranties (SoW), in 2021 on the 40th anniversary of the establishment by the United Nations of the International Day of Peace.
What left its indelible mark on 2022 was the war in Ukraine, which had begun on February 24, when coincidentally the leadership of the WDC was gathered together in Dubai, where the Board of Directors had met just three days earlier.
Attendees at the AGM received reports from WDC President Edward Asscher, WDC Executive Director Elodie Daguzan and WDC Treasurer Ronnie VanderLinden. The keynote address, which considered the current state of the diamond market, was delivered by industry analyst, Edahn Golan.
We may well be approaching a tipping point. If there ever was a time to take control over your destiny, rather than being carried along by the tide, it is now. With a global economic recession looming and geopolitical instability, I urge colleagues among our industry’s younger generation to help us preserve the integrity of natural diamonds, as an ethical product that is the economic driver for economies and societies across the globe.
Edward Asscher, President of the World Diamond Council, addressed the Presidents’ Meeting of the World Federation of the Diamond Bourses (WDDB) and the International Diamond Manufacturers Association (IDMA) at the Dubai Multi-Commodities Center (DMCC) in Dubai on February 24, 2022.
Contact Info
Stay Updated
Get latest news and
updates direct in your
inbox !
