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Panama Diamond Exchange and Fiera di Vicena announce partnership

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. 

The announcement follows the signing of a ‘Memorandum of Understanding’ (MOU) on Friday, December 5, which outlined the two organisation’s future corporation and signed by PDE founding chairman, Eli Izhakoff, and Fiera di Vicena president, Matteo Marzotto.

According 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.

The 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.

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Izhakoff, said: “The significance of this agreement, being signed in this new facility, cannot be understated. The involvement in PDE’s mission of Fiera di Vicenza, which represents Italian luxury at its finest, emphasises that we are not just building offices, but rather an industry.

“Our 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’s contribution can be invaluable.”

Marzotto said: “When you look from this beautiful new facility out across Panama’s 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.”

The programme between the two organisations will begin in 2015.

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