Qatar Diamond Exchange signs strategic MoUs with bourses in Singapore, Shanghai and Tokyo

The Qatar Diamond Exchange (QDE) has formalized partnerships with diamond exchanges in Singapore, Shanghai, and Tokyo through Memoranda of Understanding (MoUs), announced during the 41st World Diamond Congress in Singapore. These strategic agreements aim to bolster trade and cooperation between Qatar and Asia, enhancing commercial relationships and mutual introductions between QDE's members and their partner exchanges.

Signing the MoUs were Ghanim Nasser Al Saadi, Director of QDE, and the respective presidents of the Diamond Exchange of Singapore, Fabio Cascapera; the Shanghai Diamond Exchange, Lin Qiang; and the Tokyo Diamond Exchange, Michio Iwasaki. The agreements foster business connections, encourage commercial relationships, and support reciprocal participation in industry events, tenders, auctions, and viewings.

QDE's partnerships with the partner exchanges also aim to enhance consumer confidence in natural diamonds and precious stones and promote adherence to industry standards, such as the World Diamond Council's System of Warranties and those led by the Responsible Jewellery Council. Ghanim Nasser Al-Saadi highlighted that these new partnerships mark a significant step in expanding QDE's engagement across Asia, creating direct links between QDE's members and the partner bourses in Singapore, Shanghai, and Tokyo.

Fabio Cascapera expressed that the MoU will create meaningful opportunities for members to build relationships, exchange knowledge, and explore new business, thus strengthening confidence in natural diamonds and contributing to a more connected and resilient trade. Lin Qiang emphasized that the MoU will bring members closer, facilitate commercial engagement, and open new opportunities for mutual benefit.

Michio Iwasaki underlined the importance of trust, transparency, and confidence in the diamond trade, looking forward to strengthening ties and supporting industry integrity.