Police report six casualties in UK's NewcastleWorld June 25, 13:14
Putin offers condolences to Pakistan’s president over fire victimsRussian Politics & Diplomacy June 25, 12:39
Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
MOSCOW, May 27. /TASS/. World’s seven largest diamond producing companies including Russia’s ALROSA corporation have come to agreement on setting up a Diamond Producers Association (DPA), ALROSA said in a press release.
Other members of the association are De Beers, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra Diamond Ltd. and Gem Diamonds Ltd.
"At present, selection of candidates for the position of the Executive Director, who will supervise operations and submit reports to the board of directors, is underway," he said. "Along with the solution of human resource issues, the DPA will do analysis of the market in 2015 for drafting a three-year plan of activities after that."
The operations of this organization will be aimed at supporting and beefing up consumer demand for diamonds, as well as at creating a unified analytical databank on the diamond producing sector.
Also, the association will represent the interests of producers of diamonds and on out-of-the-industry organizations. In addition to this, it will disseminate information on the role and contribution of diamond companies to the development of the industry and society.