Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
Macron says no international problem can be solved without RussiaWorld May 29, 19:51
Putin: Russian and French fundamental interests come firstRussian Politics & Diplomacy May 29, 19:34
Hollywood director highlights his esteem for Russia’s presidentSociety & Culture May 29, 19:18
Death toll following Moscow thunderstorms rises to 11World May 29, 19:02
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.