Israel Diamond Manufacturers association
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Israel Diamond Manufacturers Association
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for Advancement of the Israel Diamond Industry
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The Israel Diamond Manufacturers Association for Advancement of the Israel Diamond Industry represents 200 diamond manufacturers, who account for approximately 95% of the total output of the Israel diamond industry.
The members of the Israel Diamond Manufacturers Association (IsDMA) include large, medium-sized and small manufacturing firms, sightholders (who receive a direct supply of rough diamonds from the DTC) and non-sightholders. Members of all aspects of diamond manufacturing are represented in “sections” (sawing, polishing wheel reconditioning, industrial diamonds, lasers and precious stones).
The structure and activity of the IsDMA and its different institutions is governed by the association regulations. Accordingly, the supreme body of the IsDMA is the General Assembly, which convenes annually. The policy of the IsDMA is guided by its officeholders and institutions – the president, presidium, executive committee and other committees – which are chosen once every three years in direct democratic elections. The General Assembly elects a Control Committee, Elections Committee and court. The regular activity of the IsDMA is conducted by its general manager, deputy general manager and administrative staff.
The IsDMA represents the Israel diamond industry and its manufacturers in all Israeli and international forums that discuss matters that are relevant to them. The major activities of the IsDMA include:
Internal Affairs
Activities within the Israeli industry include:
- Preparation of agreements with the labor unions and handling ongoing matters of workers conditions based on the agreements.
- Settlement of misunderstandings and disputes between workers and employers, by means of the Parity Committee and in cooperation with the National Federation of Labor and the Ministry of Labor; provision of legal advice in all matters related to labor conflicts.
- Proposal of legislation and regulations in order to assist and promote the Israel diamond industry; negotiations with tax authorities through the industry-wide Taxation Committee.
- Negotiations with the Bank of Israel, commercial banks and other financial institutions, insurance companies and courier and freight companies, in order to obtain the best possible terms for the diamond industry.
- Active membership on the Board of Directors of the Israel Diamond Institute:
- Promotion of diamond marketing
- Guidance of the editorial board of the industry publication, Hayahalom
- Representation on the Board of Directors of the Harry Oppenheimer Diamond Museum
- Representation on the Board of the Directors of the IDI Gemological Laboratory
- Representation in the Office for Coordination of Economic Organizations of the Federation of Israeli Economic Organizations.
- Participation in industry-wide activity to promote relations with the precious stones and jewelry industries.
- Organization of special events, such as the Diamond Industry Dignitary award, the IsDMA Jubilee, the Outstanding Worker award, fundraising for charities and others.
International Relations
- The IsDMA’s activities outside the borders of Israel include:
- Making contact and maintaining close relationships with rough diamond suppliers.
- Exclusive representation of the Israel diamond industry at official meetings with the DTC in London.
- Representation of the diamond manufacturers in the International Diamond Manufacturers Association (IDMA).
- Representation of the diamond manufacturers on the issue of “conflict diamonds” through participation in the World Diamond Council (WDC) and the Kimberley Process.
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By: Shira Ami
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