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IDMA - International Diamond Manufacturers Association - About Us

Wednesday, Mar 29th

Last update07:00:00 AM GMT

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About Us

INTERNATIONAL DIAMOND MANUFACTURERS ASSOCIATION (IDMA)


The International Diamond Manufacturers Association (IDMA) was founded and convened for the first time in 1946, in Antwerp.

It is committed to fostering and promoting the highest ideals of honesty and best practice principles throughout the diamond industry worldwide, as well as full compliance with all relevant national and international laws.

Towards this end, the organization has developed and adopted a Code of Conduct, which is binding on all members.

IDMA also works to encourage fair and honorable practices and decent working conditions for those employed in the diamond industry; and to preserve, protect and promote the trust and confidence of consumers in diamonds and diamond products.

It encourages and supports social responsibility on the part of the industry in respect to all citizens of the world.

IDMA seeks to take a unified leadership role on all issues affecting the industry and convenes biennially at the same time as the World Federation of Diamond Bourses (WFDB) World Diamond Congress.

The Congress includes a session of the general assemblies of both organizations, where joint resolutions are passed on current issues of concern.

The association has played an active role in establishing the Kimberley Process Certification Scheme and is a co-founder of the World Diamond Council.

IDMA has 16 member associations at present and its current President is Mr. Maxim Shkadov of Russia.