HRD Completes Mandate

Problem of utilizing millions of Euro accumulated in the past for Antwerp�s benefit
HRD Completes Mandate

The Diamond High Council (HRD) board has completed its list of the mandates. Daniel Van Dievoet, president of the Association of Traders of Polished (BVGD) has been appointed as vice-president of the HRD. Van Dievoet�s opponent was Stephane Fischler who represents the Employers of the polishing industry (SBD,) and who was considered by all as a candidate of equivalent status and qualities.

Daniel Horowitz, from the Associations of Traders of Rough (VHRD) was appointed at the HRD Executive Committee. And Bahrat Shah, from the Indo Belge Diamantaires Association (IBDA) will have a seat at the HRD Finance Committee. It is important to state that the representative of the IBDA was offered a choice of various posts available, including that of vice-president, a proof of the new board�s commitment to the Indian community.

The HRD board in a press release stated, �Hopes that, with all this being done, rest will come back in the diamond sector, allowing the sector to face and meet the challenges of tomorrow.� One of the challenges, as confirmed by a board member, is how�s the HRD going to use the millions of Euro they have accumulated in the past. Will it be benefit Antwerp interest or project? The only difference that people seem to agree with is that Fischler represents a group that�s at the heart of one of the major internal issues of the HRD. One of the dissentions among the various groups that comprise the HRD is the importance given to the representatives of the industry.

Be it with or without a majority of sightholders, there are still points of very important divergence with those who now sit on the board. The Group Handel and the Industry Polishers have diametrically opposite interests. It leads to the thought that it is rather the representational mode of the HRD that should be re-shaped. Maybe that�s what the HRD president, Jacky Roth, is going to discuss and set basis of with Belgian Prime Minister, Guy Verhofstadt, at the occasion of a special meeting scheduled for tomorrow, January 24, 2006 in Brussels. Some consider that the newly elected vice-president should have been invited to the meeting as he�s the emanation of those who seek an alternative to the politics that entangled the HRD during the past six years.


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