Botswana to become certifier in G7 Russian diamond ban
Major African producer will join Antwerp as an origin certifier of rough diamonds for export to the group.
The Rapaport Group, global manager of diamond data and international group of companies, has given a thumbs up to India, the world’s largest importer of diamond roughs. With the country’s polished diamond exports rising 6% year-on-year to $2.04 billion in April 2011, the agency has forecast that India will overtake the United States and become the biggest consumer market for diamond jewellery over the next three years.