The World Diamond Congress, the biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), scheduled to be held in Tel Aviv, Israel, from June 19 to 21, has been cancelled due to poor registration.
The WFDB and IDMA released a joint statement announcing the cancellation, attributing the low registration to rising tensions in the region.
In the joint statement, WFDB President Ernie Blom and IDMA President Ronnie VanderLinden said, "It is obviously with very great regret that we have reached the decision to cancel the Congress. We had a full agenda of issues regarding the state of the global diamond industry and preparations were in full swing.”
The added, ”However, we have to take all factors into account, and felt it was the correct decision to make which is in the best interests of all concerned. The Congress will be held at a later date which will be determined in the near future.”
The Congress was being organised by the Israel Diamond Exchange, and was due to feature a section on how technology can aid the diamond industry, among other matters.