In the world of diamonds, there are many players, but there’s only one that has almost changed the notion of diamonds and the industry itself: Israel. Today, the diamond industry in Israel is more than just a business. It speaks of the quality and the way of life of the Israelites. Israel is considered to be the major player when it comes to production of cut diamonds, which are sold wholesale to different countries. As a matter of fact, two-thirds of diamonds that are of gem quality come from Israel.
Furthermore, the diamond industry in Israel is one of the first in the whole world to have developed their own mines and organizations to help regulate production and exchange of diamonds. Petah Tikva in Israel also saw the opening of the first plant for polishing diamonds. On the other hand, the Declaration of the Establishment of the State of Israel ended what was referred to at that time as the diamond crisis. It was a time when economies that had been damaged by the war were finding it real hard to establish their business again. When the state was declared, it brought back the glorious days of the mining industry.
The miners and organizations that are regulating the production and quality of diamonds also see to it that their products are always first-class in their quality. They are pure diamonds, which means they are all-natural diamonds. They are also active participants in the Kimberly Process. Their main job is to ensure that there are no blood diamonds that can get into the market.
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