Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Eli Avidar, Managing Director of the Israel Diamond Institute Group of Companies (IDI), has joined the President’s Council of CIBJO, the World Jewellery Confederation, the organization announced today (Monday).
The President’s Council, the highest governing body in the confederation, is responsible for making strategic decisions. It consists of the CIBJO officers and five other member representatives, each of whom is appointed by the President.
