Antwerp: The World Federation of Diamond Bourses (WFDB) announced yesterday that the Moscow Diamond Bourse has suspended its membership in the organization.

The move comes after the Moscow bourse temporarily stopped its activity on March 7, 2022.

The official letter from the Moscow bourse, dated April 3, 2022, states: “We look forward to see the end of hostilities and hope that we all will be able to return to normal in the future.”

WFDB President Yoram Dvash commended the decision of the Moscow bourse, saying, “The Moscow Bourse president Alex Popov acted responsibly in shutting down its activities and suspending its membership in the WFDB.”