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Qatar Diamond Exchange (QDE) and Borsa Diamanti d’Italia signed a memorandum of understanding during the CIBJO Centenary Congress, held in Vicenza from 4 to 7 September. Qatar News Agency reported that the agreement provides a framework for cooperation through member introductions, commercial relationships and reciprocal visits.

The parties also committed to initiatives to support consumer confidence in natural diamonds and precious stones and to recognised standards, including the World Diamond Council’s System of Warranties and Responsible Jewellery Council frameworks. QDE said the agreement extends its bourse network into Europe after earlier Asian partnerships; no trade volume or financial target was announced.