News

De Beers recruits former british diplomat to challenge Antwerp's diamond entry monopoly

diamond news network

Emma Wade-Smith, former UK consul general in New York, has embarked on a new role as De Beers' senior vice president of government affairs, leading a charge against Antwerp's exclusive status as the sole entry point for diamonds into EU countries. Alongside a Washington DC-based team, Wade-Smith is advocating for additional entry nodes in key diamond-producing nations like Botswana, Namibia, South Africa, and Canada.

De Beers asserts that diversifying entry points would bolster diamond source verification without adversely impacting ethical non-Russian diamond producers and the legitimate global diamond trade. The move comes in the wake of G7 nations and 27 EU countries banning imports of Russian gem-quality diamonds of 1.0 carats or more, effective since March 1st, regardless of their cutting and polishing location.

Spectacular Diamonds and Fancy Coloured Diamonds Dazzle at Bonhams London Jewels Sale

WJA Showcases Emerging Talent and Inclusive Community Engagement at JCK 2024

De Beers Group Reports Rough Diamond Sales for Fourth Sales Cycle of 2024

Ankit Gems: Merging Luxury with Philanthropy at the JCK Exhibition

Directorate General of Foreign Trade Holds Revised Wastage Norms for Gem & Jewellery Exports