The Israel Diamond Exchange and the Armenian Jewelers Association (AJA) are expected to sign a Memorandum of Understanding (MoU) during the 6th International Diamond Week in Israel (IDWI). This agreement will be signed as part of the visit of a high-level delegation of the Armenian Jewelers Association (AJA) at the IDWI slated between February 13-16, 2017. The delegation to be headed by AJA President Sarkis Nourian will attend, as guests of the Israel Diamond Exchange (IDE).

The signing ceremony will take place at IDWI, under the auspices of the President of the World Jewellery Confederation (CIBJO) Dr. Gaetano Cavalieri. The MOU will outline areas of cooperation between the two institutions in Israel and other countries of mutual interest.

AJA is a professional association to connect Armenian jewelers around the world and to increase communication and cooperation among them. The organization has representatives in the United States, Armenia, Russia, the Middle East, Europe, South America and Australia.

IDE President Yoram Dvash said, “Armenian jewelers have a unique and longstanding heritage as jewelry makers, and they have made an important contribution to the jewelry industry around the world. We are very happy that AJA has agreed to cooperate with the Israeli diamond industry to advance the diamond jewelry sector, especially in light of the investments we have made to strengthen this area.”

AJA President Sarkis Nourian said, “We are very pleased to have been invited by the Israeli Diamond Exchange to attend the International Diamond Week in Israel. We are bringing a delegation in order to explore channels of cooperation and to create a formal framework for collaboration. We know that this exhibition is of great importance to the bourse, and it offers us an excellent opportunity to learn about the industry and to meet its members,” he said.