Members of the General Assembly of the World Federation of Diamond Bourses, can look forward to a busy schedule when they gather next week in Moscow at the 34th World Diamond Congress.

Held every two years, the World Diamond Congress serves as forum of the General Assembly of the World Federation of Diamond Bourses (WFDB). The congress is being is hosted by the Diamond Chamber of Russia and the Russian Diamond Manufacturers Association, in cooperation with the Moscow Diamond Bourse.

High on the agenda will be a panel about the WFDB's role in the diamond industry in a recovering economic market. In a pre-congress message to WFDB members, WFDB President Avi Paz called on attendees to "come well prepared and offer suggestions and constructive ideas that will contribute to the advancement of the diamond business in what is now called the 'new normal' economy."

Making a formal application for WFDB membership at the congress in Moscow is the South Korean Diamond Exchange, which will be represented by its president Jae Kim. Based in Gyeongju Gyeongbuk, the bourse is currently developing a secure, state-of-the-art facility. It is the first diamond exchange to be established in the fast growing diamond market on the Korean Peninsula.

According the World Diamond Congress published schedule, the first day July 11, will feature meetings of the Trade and Promotion Committee, Judicial Committee and Executive Committee. It will conclude with a Welcome Dinner.

The congress' official Opening Ceremony will take place on the morning of July 12, and it will be followed working session of the WFDB General Assembly. The day will conclude with a Gala Dinner.

The concluding day of the congress, July 13, will also feature a working session and it will end in the early afternoon with a press conference.