News of the great success of the US/International Diamond Week in March reached the United States, said JCK vice-president for shows, Yancy Weinrich, in a meeting with the Israel Diamond Exchange (IDE) president and senior figures at the exchange.
The ripples of interest created by the US/International Diamond Week in March reached the United States, said Weinrich of JCK which organizes one of the diamond and jewelry industries' most important trade events – JCK Show – Las Vegas. She made the comments to leading members of the Israeli diamond exchange at a meeting on April 8 at the bourse.
Weinrich and IDE President Yair Sahar held a meeting in which they discussed the possibility of cooperation between the sides relating to the international diamond week that is expected to take place at the Israeli diamond bourse in six months' time. They agreed to continue to discuss the issue in the coming months.
Weinrich met with Sahar, Diamond Controller Shmuel Mordechai, deputy president Rafi Yerushalmi, vice president Moti Fluk, and Shalom Kfir, Ben-Zion Shaso and Ilan Shmuel. Also attending the meeting were Control Committee Chairman Shaul Yitzhaki, the IDE's General Manager Moti Besser, and Israel Diamonds magazine publisher, Yitzhak Arikha.
Sahar briefed Weinrich on the structure of the Israel Diamond Exchange's operations and the country's diamond sector. Besser then gave a rundown on the development of the domestic diamond business over the past several decades. He presented statistics relating to exports of polished diamonds and imports of rough stones, the rise in net exports of polished over the years, and exports of polished compared to overall Israeli industrial exports, the country's main export markets, and other issues. Besser also explained to Weinrich about the diamond exchange's contribution to the community and the mutual respect in which members hold each other.
Following his comments, Weinrich told her hosts that JCK has signed a deal with the Mandalay Bay hotel in Las Vegas until 2017 for the JCK Show – Las Vegas event to be held there annually and denied the rumors in the industry that the show will be moving to a different venue.
She also talked about the importance of the Asian markets, and the growth of global diamond markets, and the moves by JCK to bring large buyers groups from Asian and other countries, including India, China and Russia, to the Las Vegas show.
