Antwerp: The World Federation of Diamond Bourses (WFDB) is deeply concerned over the loss of life and suffering that is inflicted on so many as a result of the conflict in Ukraine.

As a leading international trade organization that incorporates diamond bourses from all around the globe, the WFDB has always called upon its members to encourage tolerance, dialogue and cooperation, as well as compliance with international business guidelines and the prevailing laws.

The current situation is complicated and volatile. At this time, it is impossible to predict or measure its impact on the world diamond industry. The WFDB will carefully monitor all developments associated with this crisis and will update its members.

The WFDB calls on all member bourses to closely follow the mandatory guidelines and decisions of the authorities within their relevant jurisdictions and to guide their members to act in strict accordance with such binding decisions and the laws to which they are subject