The Belgian Polished Diamond Traders Association

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Changes in the Board of Directors

Posted on March 17, 2014 at 3:05 PM

Dear member,


At the last board meeting of the Board of Directors on March 13th 2014, Mr Andre Gumuchdjian has offered to step down from the presidency due to other engagements. The Board of Directors has elected unanimously Mr Henri Keesje as the new president.

European court rejects the appeal of the BVGD

Posted on August 11, 2013 at 12:05 AM

After an eight year battle with the European commission, the EU General Court

has rejected our case for the establishment of an open, free and competitive market for diamonds.


We need to examine closely the Decision of the Court and the arguments that were invoked, most probably the “lack of community interest” has been the predominant factor.


While it is clear that the diamond industry does not affect as many consumers as, say, a Micros...

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Rapaport Price List Reduction : Our Reaction

Posted on July 10, 2010 at 5:35 AM

The Belgium Polished Diamond Traders Association (BVGD) has always been at the forefront and is leading the struggle for a free, fair and transparent market.


The BVGD is very concerned by the latest reduction of the Rapaport diamond price list.


While we recognize that a correction in polished prices is taking place, the uniform decrease across the board from 10cts down to .30cts simply does not reflect the reality of the market.


At a...

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