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class="elementor-widget-container"> <div class="elementor-button-wrapper"> <a class="elementor-button elementor-button-link elementor-size-sm" href="http://www.get-diamonds.com" target="_blank"> <span class="elementor-button-content-wrapper"> <span class="elementor-button-icon"> </span> <span class="elementor-button-text">Get-Diamonds</span> </span> </a> </div> </div> </div> </div> </div> </div> </section> </div> </div> </div> </section> </div> <div class="site grid-container container hfeed" id="page"> <div class="site-content" id="content"> <div data-elementor-type="wp-page" data-elementor-id="19" class="elementor elementor-19" data-elementor-post-type="page"> <section class="elementor-section elementor-top-section elementor-element elementor-element-3c9022b elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle" data-id="3c9022b" data-element_type="section" data-settings="{"background_background":"classic"}"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-409bb70" data-id="409bb70" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-232274e elementor-widget elementor-widget-heading" data-id="232274e" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h1 class="elementor-heading-title elementor-size-default">About</h1> </div> </div> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-6e72540 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="6e72540" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-660601f" data-id="660601f" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-0deca00 elementor-widget elementor-widget-heading" data-id="0deca00" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h4 class="elementor-heading-title elementor-size-default">About</h4> </div> </div> <div class="elementor-element elementor-element-a3853d9 elementor-widget elementor-widget-heading" data-id="a3853d9" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">WFDB</h2> </div> </div> <div class="elementor-element elementor-element-8179a11 elementor-widget elementor-widget-text-editor" data-id="8179a11" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>The World Federation of Diamond Bourses (WFDB) is an association of the world’s major diamond bourses and promotes the interests of the member bourses and their members. As the official organization of the international diamond trading sector, the WFDB creates a common set of trading practices in rough and polished diamonds. </p> </div> </div> </div> </div> <div class="elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-eb7a148" data-id="eb7a148" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-968c2fb elementor-widget elementor-widget-text-editor" data-id="968c2fb" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>As the industry’s most important representative body, the WFDB advances the principles of trust, transparency and integrity among the members of the bourses and throughout the industry.</p><p>Founded in 1947, the WFDB currently has 29 affiliated bourse members located in major diamond centers throughout the world. The WFDB encourages the establishment of new diamond bourses, and aids and supports bourses in their early stages. The organization also invites members of related diamond sectors – such as finance, retail, shipping and more – to join as associate members.</p> </div> </div> </div> </div> <div class="elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-b1cf025" data-id="b1cf025" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-9c9b5d9 elementor-widget elementor-widget-image" data-id="9c9b5d9" data-element_type="widget" data-widget_type="image.default"> <div class="elementor-widget-container"> <img fetchpriority="high" decoding="async" width="643" height="367" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://wfdb.com/wp-content/uploads/2021/01/World-Federation-Diamond-Bourses-removebg-preview.png" class="attachment-large size-large wp-image-116 lazyload" alt="World-Federation-Diamond-Bourses logo" data-srcset="https://wfdb.com/wp-content/uploads/2021/01/World-Federation-Diamond-Bourses-removebg-preview.png 643w, https://wfdb.com/wp-content/uploads/2021/01/World-Federation-Diamond-Bourses-removebg-preview-300x171.png 300w" sizes="(max-width: 643px) 100vw, 643px" /><noscript><img decoding="async" width="643" height="367" src="https://wfdb.com/wp-content/uploads/2021/01/World-Federation-Diamond-Bourses-removebg-preview.png" class="attachment-large size-large wp-image-116 lazyload" alt="World-Federation-Diamond-Bourses logo" srcset="https://wfdb.com/wp-content/uploads/2021/01/World-Federation-Diamond-Bourses-removebg-preview.png 643w, https://wfdb.com/wp-content/uploads/2021/01/World-Federation-Diamond-Bourses-removebg-preview-300x171.png 300w" sizes="(max-width: 643px) 100vw, 643px" /></noscript> </div> </div> <div class="elementor-element elementor-element-5aa623d elementor-widget elementor-widget-text-editor" data-id="5aa623d" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>Member bourses maintain their autonomy in internal matters, while complying with the policies and decisions of the organization’s governing bodies. This includes the amicable settlement or arbitration of disputes between individual members of affiliated bourses and/or between affiliated bourses.</p> </div> </div> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-9045b79 elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default" data-id="9045b79" data-element_type="section" data-settings="{"stretch_section":"section-stretched","background_background":"video"}"> <div class="elementor-container elementor-column-gap-no"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f98b1c" data-id="2f98b1c" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-205d4dd elementor-widget elementor-widget-video" data-id="205d4dd" data-element_type="widget" 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https://wfdb.com/wp-content/uploads/2021/01/918bad48-ca7c-446b-9d9d-7e8e0331d356-1024x408.jpg 1024w, https://wfdb.com/wp-content/uploads/2021/01/918bad48-ca7c-446b-9d9d-7e8e0331d356-768x306.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px" /></noscript> <div class="elementor-custom-embed-play" role="button" aria-label="Play Video" tabindex="0"> <i aria-hidden="true" class="eicon-play"></i> <span class="elementor-screen-only">Play Video</span> </div> </div> </div> </div> </div> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-11b6824 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="11b6824" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0667a00" data-id="0667a00" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-bd0616e elementor-widget elementor-widget-heading" data-id="bd0616e" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">History</h2> </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-f970072 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="f970072" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-daea011" data-id="daea011" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-5517164 elementor-widget elementor-widget-text-editor" data-id="5517164" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>The World Federation of Diamond Bourses (WFDB) was founded in 1947 to unite the various diamond exchanges under one roof, and to provide a common set of trading practices in rough and polished diamonds.</p><p>The inaugural meeting of the WFDB took place in Antwerp in July 1947, at the first World Diamond Congress. At the World Diamond Congress in Amsterdam in 1975, the WFDB and the International Diamond Manufacturers Association acted together to regulate diamond grading standards, appointing a joint committee to create an international set of rules, working methods and nomenclature. In 1978, the system was presented at the World Diamond Congress in Ramat Gan, and approved as the IDC International Rules for Grading Diamonds.</p><p>At the World Diamond Congress in Antwerp in 2000, the WFDB and IDMA acting in unison again, created the World Diamond Council (WDC) in an effort to protect the diamond pipeline from the infiltration of rough stones from conflict areas in Africa. Mr. Eli Izhakoff was unanimously elected to chair the new body. Under his leadership, the WDC, together with the United Nations, governments in producer, manufacturer and consumer centers and civil society, created the Kimberley Process Certification Scheme. After 13 years of heading the WDC, in May 2013 Izhakoff was unanimously elected Lifetime Honorary President of the WDC.</p> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a20a1b2" data-id="a20a1b2" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-c01aede elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel" data-id="c01aede" data-element_type="widget" data-settings="{"slides_to_show":"1","navigation":"both","autoplay":"yes","pause_on_hover":"yes","pause_on_interaction":"yes","autoplay_speed":5000,"infinite":"yes","effect":"slide","speed":500}" data-widget_type="image-carousel.default"> <div class="elementor-widget-container"> <div class="elementor-image-carousel-wrapper swiper" dir="ltr"> <div class="elementor-image-carousel swiper-wrapper" aria-live="off"> <div class="swiper-slide" role="group" aria-roledescription="slide" aria-label="1 of 3"><figure class="swiper-slide-inner"><img decoding="async" class="swiper-slide-image lazyload" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://wfdb.com/wp-content/uploads/2021/03/3.jpg" alt="WFDB History" /><noscript><img decoding="async" class="swiper-slide-image lazyload" src="https://wfdb.com/wp-content/uploads/2021/03/3.jpg" alt="WFDB History" /></noscript></figure></div><div class="swiper-slide" role="group" aria-roledescription="slide" aria-label="2 of 3"><figure class="swiper-slide-inner"><img decoding="async" class="swiper-slide-image lazyload" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://wfdb.com/wp-content/uploads/2021/03/2.jpg" alt="WFDB History" /><noscript><img decoding="async" class="swiper-slide-image lazyload" src="https://wfdb.com/wp-content/uploads/2021/03/2.jpg" alt="WFDB History" /></noscript></figure></div><div class="swiper-slide" role="group" aria-roledescription="slide" aria-label="3 of 3"><figure class="swiper-slide-inner"><img decoding="async" class="swiper-slide-image lazyload" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://wfdb.com/wp-content/uploads/2021/03/4.jpg" alt="WFDB History" /><noscript><img decoding="async" class="swiper-slide-image lazyload" src="https://wfdb.com/wp-content/uploads/2021/03/4.jpg" alt="WFDB History" /></noscript></figure></div> </div> <div class="elementor-swiper-button elementor-swiper-button-prev" role="button" tabindex="0"> <i aria-hidden="true" class="eicon-chevron-left"></i> </div> <div class="elementor-swiper-button elementor-swiper-button-next" role="button" tabindex="0"> <i aria-hidden="true" class="eicon-chevron-right"></i> </div> <div class="swiper-pagination"></div> </div> </div> </div> </div> </div> </div> </section> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-c4c45cf elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="c4c45cf" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-91fd5c0" data-id="91fd5c0" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-226c2d1 elementor-widget elementor-widget-heading" data-id="226c2d1" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h4 class="elementor-heading-title elementor-size-default">WFDB</h4> </div> </div> <div class="elementor-element elementor-element-95b25ae elementor-widget elementor-widget-heading" data-id="95b25ae" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">structure</h2> </div> </div> <div class="elementor-element elementor-element-7dc93a1 elementor-widget elementor-widget-text-editor" data-id="7dc93a1" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> The WFDB is governed by a General Assembly that meets every three years at World Diamond Congresses. Among other functions, the General Assembly elects the executive officers and the 7 additional executive committee members, amends the By-Laws, admits new members and determines the yearly contribution of each bourse. Presidents Meetings, consisting of presidents of all member bourses, convene once a year. The Executive Officers of the WFDB are the President, Vice President, Secretary General and Treasurer. The President chairs the Executive Committee, which consists of the elected office holders and seven additional executive members. The Executive Committee includes at least one member from the five major manufacturing and trading centers: Antwerp, Ramat Gan, New York, Mumbai and Johannesburg. The WFDB is headquartered in Antwerp, where the Secretary General, which manages the daily administration of the organization, is located. </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-71164c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="71164c8" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-aa57578" data-id="aa57578" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-06ec16d elementor-widget elementor-widget-accordion" data-id="06ec16d" data-element_type="widget" data-widget_type="accordion.default"> <div class="elementor-widget-container"> <div class="elementor-accordion"> <div class="elementor-accordion-item"> <div id="elementor-tab-title-7251" class="elementor-tab-title" data-tab="1" role="button" aria-controls="elementor-tab-content-7251" aria-expanded="false"> <span class="elementor-accordion-icon elementor-accordion-icon-left" aria-hidden="true"> <span class="elementor-accordion-icon-closed"><i class="fas fa-plus"></i></span> <span class="elementor-accordion-icon-opened"><i class="fas fa-minus"></i></span> </span> <a class="elementor-accordion-title" tabindex="0">Executive Committee</a> </div> <div id="elementor-tab-content-7251" class="elementor-tab-content elementor-clearfix" data-tab="1" role="region" aria-labelledby="elementor-tab-title-7251">The Executive Committee directs and enforces the policies of the WFDB according to resolutions passed by Congresses and Presidents’ Meetings and has the authority to give them proper effect. <a href="http://www.wfdb.com/officials-committees/executive-committee" style="color: #D3B574;" >Learn more</a></div> </div> <div class="elementor-accordion-item"> <div id="elementor-tab-title-7252" class="elementor-tab-title" data-tab="2" role="button" aria-controls="elementor-tab-content-7252" aria-expanded="false"> <span class="elementor-accordion-icon elementor-accordion-icon-left" aria-hidden="true"> <span class="elementor-accordion-icon-closed"><i class="fas fa-plus"></i></span> <span class="elementor-accordion-icon-opened"><i class="fas fa-minus"></i></span> </span> <a class="elementor-accordion-title" tabindex="0">Judicial Committee</a> </div> <div id="elementor-tab-content-7252" class="elementor-tab-content elementor-clearfix" data-tab="2" role="region" aria-labelledby="elementor-tab-title-7252">The Judicial Committee is responsible for all legal matters relating to the WFDB, such as international arbitration issues. The Committee makes recommendations to the Executive Committee and the affiliated bourses to amend the WFDB Laws and Inner Rules. <a href="https://wfdb.com/officials-committees/judicial-committee/" target="_blank" rel="noopener" style="color: #D3B574;" >Learn more</a></div> </div> </div> </div> </div> </div> </div> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1a75df8" data-id="1a75df8" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-f1d70a9 elementor-widget elementor-widget-accordion" data-id="f1d70a9" data-element_type="widget" data-widget_type="accordion.default"> <div class="elementor-widget-container"> <div class="elementor-accordion"> <div class="elementor-accordion-item"> <div id="elementor-tab-title-2531" class="elementor-tab-title" data-tab="1" role="button" aria-controls="elementor-tab-content-2531" aria-expanded="false"> <span class="elementor-accordion-icon elementor-accordion-icon-left" aria-hidden="true"> <span class="elementor-accordion-icon-closed"><i class="fas fa-plus"></i></span> <span class="elementor-accordion-icon-opened"><i class="fas fa-minus"></i></span> </span> <a class="elementor-accordion-title" tabindex="0">Promotion Committee</a> </div> <div id="elementor-tab-content-2531" class="elementor-tab-content elementor-clearfix" data-tab="1" role="region" aria-labelledby="elementor-tab-title-2531">The Promotion Committee makes recommendations to the Executive Committee in order to enhance the promotion of the WFDB on various levels, such as via social media, the website and more. <a href="https://wfdb.com/officials-committees/promotion-committee/" target="_blank" rel="noopener" style="color: #D3B574;" >Learn more</a></div> </div> <div class="elementor-accordion-item"> <div id="elementor-tab-title-2532" class="elementor-tab-title" data-tab="2" role="button" aria-controls="elementor-tab-content-2532" aria-expanded="false"> <span class="elementor-accordion-icon elementor-accordion-icon-left" aria-hidden="true"> <span class="elementor-accordion-icon-closed"><i class="fas fa-plus"></i></span> <span class="elementor-accordion-icon-opened"><i class="fas fa-minus"></i></span> </span> <a class="elementor-accordion-title" tabindex="0">Trade & Business Committee</a> </div> <div id="elementor-tab-content-2532" class="elementor-tab-content elementor-clearfix" data-tab="2" role="region" aria-labelledby="elementor-tab-title-2532">The Trade and Business committee makes recommendations to the Executive Committee concerning industry relations with financial institutions worldwide, lab-grown diamonds, Know Your Customer and the System of Warranties. <a href="https://wfdb.com/officials-committees/trade-and-business-committee/" target="_blank" rel="noopener" style="color: #D3B574;" >Learn more</a></div> </div> </div> </div> </div> </div> </div> </div> </section> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-884a250 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="884a250" data-element_type="section" data-settings="{"background_background":"classic"}"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5e8fd80" data-id="5e8fd80" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-962b788 elementor-widget elementor-widget-heading" data-id="962b788" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h4 class="elementor-heading-title elementor-size-default">WFDB</h4> </div> </div> <div class="elementor-element elementor-element-673d615 elementor-widget elementor-widget-heading" data-id="673d615" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Initiative</h2> </div> </div> <section class="elementor-section elementor-inner-section elementor-element elementor-element-69a9d53 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="69a9d53" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e2ebd7d" data-id="e2ebd7d" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-002bf11 elementor-widget elementor-widget-image" data-id="002bf11" data-element_type="widget" data-widget_type="image.default"> <div class="elementor-widget-container"> <a 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