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

[for the WFDB], and we intend to deal with it in the most professional and circumspect way,” Blom explains. “Hence the idea of hiring an external consultant like Peter Meeus.

Meeus is the government’s adviser on the diamond trade in the Central African Republic (CAR) and was director of the Antwerp World Diamond Centre (AWDC) and HRD Antwerp. He was President of the Dubai Diamond Exchange and is responsible for the WFDB’s World Diamond Mark program.

Peter Meeus’ 30 years of experience… as well as his extensive network in Africa and knowledge of diamond certification and… laboratory diamonds, will provide WFDB with the right tools to define a strategy to help our 30,000 members,” Blom added.