[2009-12-01]

The Israel Diamond Institute Group of Companies (IDI) announced today that a Memorandum of Understanding (MOU) has been signed with the Gem and Jewellery Export Promotion Council of India (GJEPC) for the establishment of areas of cooperation between the two parties. The MOU was signed at a ceremony in Mumbai today by IDI Managing Director Eli Avidar, and GJEPC Executive Director Sabyasachi Ray.

The MOU states that the two parties share the desire to promote positive relations between the two industries, and to enhance areas of cooperation between them, as well as to intensify the dialogue concerning issues of mutual interest via collaboration between the parties.

Moreover, the MOU states that the parties are convinced that cooperation and partnership between them will benefit the development of stronger relations between the two industries.