An agreement was signed between the heads of the Israel Diamond Exchange (IDE) and Shanghai Diamond Exchange (SDE) to strengthen cooperation between the two exchanges and their members. IDE has been actively making developments in the Chinese markets, as the country emerges to being one of the important diamond trading hubs today.

The agreement narrates IDE and the SDE to share expertise and jointly undertake marketing, and seminars on legislation and taxes, an advantage for Israeli diamantaires citing opportunities in China. SDE will allow them a free access. This association could also allow the hosting of trade shows in which Israeli diamantaires feature through the SDE.