The World Federation of Diamond Bourses (WFDB) has engaged Peter Meeus as an external consultant. It will help the organization refine its position in the field of laboratory diamonds and other trade issues.
“Synthetic diamonds are a major concern in the industry, and many of the trade organizations that have been established over the past 20 years are not designed to defend the natural diamond sector,” said Ernie Blom, President of the WFDB.
“The WFDB’s task is to protect the interests of the intermediate segment,” Blom said. “The organization has a large membership and the power to discipline its members, which is particularly important when it comes to issues related to laboratory grown diamonds, such as lot mixing and non-disclosure” .
“This is… a new territory