Macau strengthens cooperation with Antwerp World Diamond Centre

18 June 2019

Macau and the Antwerp World Diamond Centre in Belgium have agreed to extend cooperation channels to promote the development of the diamond industry and exchange between the two regions in order to promote mutual benefits and gains.


The decision was taken during a meeting in the Belgian city between a delegation from Macau headed by the Secretary for Economy and Finance Leong Vai Tac and a local delegation led by the Chief Executive of the Antwerp World Diamond Centre, Ari Epstein.


Leong Vai Tac recalled that Macau is a free port where the legal system and the model of commercial operation are more in line with international standards and can therefore play the role of Service Platform for Trade Cooperation between China and Portuguese-speaking countries, introducing new industrial sectors to develop in Macau.


The Government of Macau plans for the Kimberley Process Certification Scheme, which establishes the rules for the international trade in rough diamonds, to come into force on 1 October of this year.


An official statement also said that the Macau delegation visited the Antwerp Diamond Exchange, the HRD Antwerp Laboratory and the local diamond processing plants.


The statement noted that, “processing technology, advanced equipment and advanced operating experiences in Antwerp deserve to be harnessed and studied by Macau, which contributes to supporting the development of Macau’s high-quality processing industry.” (Macauhub)