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  Dvash will concentrate on his role as WFDB President   Yoram Dvash, who has been President of the Israel Diamond Exchange (IDE) for the past five years, announced that he will not stand for a third term in elections that will be held in December 2020. Dvash said that he will continue his role as President of the World Federation of Diamond Bourses (WFDB), to which he was elected in September 2020. During his tenure as President of the Israel Diamond Exchange, Dvash implemented many reforms in an effort to increase transparency and accountability, and spearheaded significant regulatory changes for the industry. He negotiated a watershed agreement with the Israel Tax Authority, and worked with the highest levels of government to enhance the industry’s position in regulatory measures. Dvash was also instrumental in the building of a digital platform for international diamond trading – Get Diamonds – which has recently become the official e-commerce platform of the WFDB....

We’re an industry that has Always overcome and emerged stronger Yoram Dvash, President, Israel Diamond Exchange and Acting President, World Federation of Diamond Bourses inked a blog amid pandemic scenario. He inks, I write to you direct from the Israel Diamond Exchange in Ramat Gan. Our huge trading hall, which is usually teeming with activity, is now fairly empty because of restrictions that allow only 100 people access at a time. Who would have imagined a diamond exchange with no handshakes to seal transactions? Almost four months ago, when the coronavirus broke out, I found myself having to manage the worst crisis the Israel Diamond Exchange has ever known. The challenge was massive and I approached it with great apprehension – to safeguard the health of the community, which includes more than 3,200 members and some 8,000 small and medium-sized business owners, and the health of the industry that is so dear to us all. In 2015, I was elected the 10th President of...