Tass: In India, a significant part of your visit was devoted to enhanced cooperation in the diamond jewelry industry, with the participation of ALROSA as a major player in this segment of the Russian market. In this company, this week President replaced. What changes in strategy, marketing, foreign trade policy of the company can be expected with the arrival of Sergei Ivanov?
Yury Trutnev: The company has the management and board of directors. Company works tactic - it is their competence, but I care strategy to the company as a good longer possible to bring the country's economy and the Far East. We were on the Diamond Exchange in Mumbai, where the processed diamonds Alrosa. There employs 40 thousand people, multiply by family members - not less than 120 thousand people in one way or another are related to this work.. What does this mean? What we have lost, because our regulators have created a system of customs and tariff regulation, that is all we took. Therefore, here it is necessary to change everything.
When negotiating with KGK us Hindus offer to restore the brand of the Russian cut, not our people say, and the Indians, is this normal? And why do not we talk about it? Why do we have a whole lot of restrictions related to trafficking in stones, with the value added tax, with the export duties on precious items that simply killing the industry?
But this does not mean that everything has to be blamed on Alrosa that it has built cutting and polishing businesses, jewelry factories. It should not, but with the government should participate in the development of a system of measures that will allow this business in the country to create, allow to survive those companies that are already available, and to create conditions for development.
It is interesting that our Indian colleagues also understand that otherwise would be unequal game, they understand that we have a reason to want to remain longer on the processing, cut, making jewelry in Russia. We are still very poorly regulate this industry. It looks as if the conditions were created for the release of all of the country.
TASS: What can we fix this? You need a separate governing law?
Yury Trutnev: It is necessary to analyze the whole chain associated with the modes of circulation of stones aimed at to create the conditions for the market for the manufacture of jewelry. Now in India to make it a piece of jewelry after Russia cut stone in Russia and then sell, there is a lot of problems. It turns out that it is more expensive, as the reason for jewelry, we have introduced additional tariffs. Although the general practice - setting tariffs on the export of raw materials and to stimulate the export of finished products.
TASS will discuss the situation with the Federal Customs Service?
Yury Trutnev: FCS did not decide, they are performers. It is necessary to talk to the Ministry of Finance, Ministry of Economic Development. Well, ALROSA should participate in the negotiations, the position of our biggest companies is also important. But we need a detailed analysis of the industry, with a view to the recovery in the Russian economy.
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WFDB (World Federation of Diamond Bourses, WFDB ) has taken further steps to improve its strategy in the Asia Summit, which was held in Seoul. The meeting was organized exchanges chairmen Korean Diamond Exchange (Korea Diamond Bourse), according to a press release received by Rough & Polished.
At the meeting, the Executive Committee agreed to the WFDB internal changes, as well as steps to increase transparency in the trading and marketing of diamonds as a product category from all members of the global diamond trade. At the meeting it was announced that the WFDB initiative "Know your buyer" (Know Your Customer) will be launched in May this year, which aims to increase transparency in the diamond industry for banks and governments. The meeting also agreed to coordinate efforts with the Association of Diamond Manufacturers (Diamond Producers Association, DPA) in order to increase the efficiency of the marketing of diamonds. Organizations try to deepen their relationship.
"We were able to discuss a wide range of issues affecting the diamond industry worldwide, and have received a response from the presidents of our stock exchanges from around the world - said WFDB President Ernie Blom (Ernie Blom) -. As we approach the May World Diamond Congress (World Diamond Congress ) in Dubai, we are beginning to understand that the main theme of our current meeting - transparency, accountability and sustainability - will be the main and the upcoming congress we reaffirmed our commitment to these principles. ".
Blom continued: "In addition, Luiza Prayor (Louise Prior), executive director of the WFDB, present us with a dynamic action plan that aims to provide a consistent position of our organization as an important representative of the interests of the entire diamond industry We also finalized our internal structure and our new. communication strategy to WFDB was the first organization to which could apply for a positive and accurate information to the media to the diamond industry. "
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