{"id":7381,"date":"2024-02-20T05:20:56","date_gmt":"2024-02-20T05:20:56","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=7381"},"modified":"2024-02-20T05:21:04","modified_gmt":"2024-02-20T05:21:04","slug":"wfdb-commends-french-government-on-lgds","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2024\/02\/20\/wfdb-commends-french-government-on-lgds\/","title":{"rendered":"WFDB Commends French Government on LGDs"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full is-resized has-custom-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/LGDs-Illustrative-1.jpg\" alt=\"\" class=\"wp-image-7383\" style=\"border-width:3px;border-radius:5px;width:531px;height:auto\" srcset=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/LGDs-Illustrative-1.jpg 600w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/LGDs-Illustrative-1-300x200.jpg 300w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/LGDs-Illustrative-1-200x133.jpg 200w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>The <a href=\"https:\/\/wfdb.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">World Federation of Diamond Bourses (WFDB)<\/a> would like to commend the <a href=\"https:\/\/www.economie.gouv.fr\/\" target=\"_blank\" rel=\"noreferrer noopener\">French Ministry of Economy and Finance<\/a> for its decision to ban the use of all terminology other than synthetic for non-natural diamonds. The decision means that the use of the term lab-grown or cultivated diamonds will not be legal in France.<\/p>\n\n\n\n<p><a href=\"https:\/\/wfdb.com\/profile\/yoram-dvash\/\" target=\"_blank\" rel=\"noreferrer noopener\">Yoram Dvash, President of the WFDB<\/a>, said: We praise the decision of the French government to insist that all stones other than natural diamonds be called, synthetic. This is an important step in confirming the inherent value of natural diamonds and in enhancing consumer confidence.\u201d<\/p>\n\n\n\n<p>The <a href=\"https:\/\/wfdb.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">WFDB<\/a>, the umbrella organization of 27 major diamond bourses worldwide, has acted to support the growth of the natural diamond industry. They have commended <a href=\"https:\/\/www.debeersgroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">De Beers<\/a> on their marketing campaign for natural diamonds before the 2023 Christmas holiday.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/wfdb.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">WFDB<\/a> has also partnered with the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Natural Diamond Council<\/a> to support the growth of the natural diamond industry. In addition to making an initial financial investment, the <a href=\"https:\/\/wfdb.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">WFDB<\/a> is working together with the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">NDC<\/a> to identify ways in which the values of natural diamonds can reach more consumers more frequently, through the direct reach of the <a href=\"https:\/\/wfdb.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">WFDB<\/a>, its member bourses, and their individual members.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Federation of Diamond Bourses (WFDB) would like to commend the French Ministry of Economy and Finance for its decision to ban the use of all terminology other than synthetic for non-natural diamonds. The decision means that the use of the term lab-grown or cultivated diamonds will not be legal in France. Yoram Dvash, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WFDB Commends French Government on LGDs - JNI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jewellerynewsindia.com\/index.php\/2024\/02\/20\/wfdb-commends-french-government-on-lgds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WFDB Commends French Government on LGDs - JNI\" \/>\n<meta property=\"og:description\" content=\"The World Federation of Diamond Bourses (WFDB) would like to commend the French Ministry of Economy and Finance for its decision to ban the use of all terminology other than synthetic for non-natural diamonds. 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href=\"https:\/\/jewellerynewsindia.com\/index.php\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"The World Federation of Diamond Bourses (WFDB) would like to commend the French Ministry of Economy and Finance for its decision to ban the use of all terminology other than synthetic for non-natural diamonds. The decision means that the use of the term lab-grown or cultivated diamonds will not be legal in France. 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