Total exports from Israel in the first six months of 2016 fell by 9%, to around $ 4 billion, but in the same period, exports of jewelery grew by 3%, to $ 340 million. This is evidenced by recent data of the Ministry of the Israeli economy.
During this period, Israeli exports characterized by a sharp increase in the supply of international services and falling exports.
The service sector in the country showed an increase of 13% in the first half of the year due to the expansion of high-tech industries, which currently takes in Israel 50 percent share of the total services sector.
Deliveries of production, at the same time, continued to fall, declining by 5.7%, to 2.8 billion. Exports of goods excluding diamonds and polished diamonds declined by 5.2%, to $ 2.4 billion.
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The acting chairman of the Kimberley Process (KP) for 2016 Ahmed Bin Sulayem (Ahmed bin Sulayem), who is also the Executive Director of the Dubai Center commodities (Dubai Multi Commodities Centre, DMCC) , is negotiating with the diamond companies and the World Diamond Council (World Diamond Council, WDC). The sides are expected to determine the best methods for assessing the value of the diamond, which will be discussed at the annual meeting of the inter-KP, which will be held in Dubai in May, according to Rapaport portal.
"The team, headed by the chairman of the CP, the beginning of the discussion of the best estimate of the value of diamonds practice. It is a long and complex process, and the first steps in this direction will be made by the inter-sessional meeting of the KP. In order to determine the best method of pricing is necessary to hold a meeting with experts from the diamond industry and representatives Head of KP authorities in talks with a number of major industry players, including diamond companies and the World diamond Council, "-. said the representative of the KP.
Rapaport cites National newspaper, which reported that Dubai's role in the diamond trade will also be examined against the background of a number of controversial issues about the diamond evaluation systems worldwide. As noted in the National, Bin Sulayem said.. "No country in the diamond market is not perfect, and every major diamond center has its own problems, but I'm not going to point the finger at anyone else in the framework of studies and seminars, we will look the fact, where are the main problems and how we can solve them. "
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