Fiera di Vicena, the Italian jewellery trade fair organiser, and the Panama Diamond Exchange (PDE), have partnered to organise events to help promote the trade in gemstones and jewellery in Latin America.\u00a0\r\n\r\nThe announcement follows the signing of a \u2018Memorandum of Understanding\u2019 (MOU) on Friday, December 5, which outlined the two organisation\u2019s future corporation and signed by PDE founding chairman, Eli Izhakoff, and Fiera di Vicena president, Matteo Marzotto.\r\n\r\nAccording to the MOU, PDE and Fiera di Vicena will formulate a strategic plan and conduct a feasibility study for projects that include trade fairs, symposiums and industry forums, which will take place in Panama and promote the diamond, gemstone and jewellery business in a region that includes Mexico, Central America, South America and the islands of the Caribbean.\r\n\r\nThe signing ceremony was the first official event to be held in the Phase I building of the Panama Diamond Exchange and was attended by Corrado Facco, managing director of Fiera di Vicenza, and leading representatives of the Italian jewellery sector, including Dr. Gaetano Cavalieri, President of CIBJO, the World Jewellery Confederation.\r\n\r\nIzhakoff, said: \u201cThe significance of this agreement, being signed in this new facility, cannot be understated. The involvement in PDE\u2019s mission of Fiera di Vicenza, which represents Italian luxury at its finest, emphasises that we are not just building offices, but rather an industry.\r\n\r\n\u201cOur goal, through the development of the Latin American gemstone and jewellery trade, is to grow the pie for everyone. As a key industry service provider, Fiera di Vicenza\u2019s contribution can be invaluable.\u201d\r\n\r\nMarzotto said: \u201cWhen you look from this beautiful new facility out across Panama\u2019s rising skyline, you see the future of Latin America. We are keen to be part of that future. While we always will be rooted in Italy, Fiera di Vicenza is going international, working with key regional partners, like PDE, to grow and enrich the jewellery business around the world.\u201d\r\n\r\nThe programme between the two organisations will begin in 2015.