QDE sign MoUs with bourses in Singapore, Shanghai and Tokyo

Doha, Qatar - The Qatar Diamond Exchange (QDE) has established strategic ties with diamond exchanges in Singapore, Shanghai, and Tokyo through Memoranda of Understanding (MoUs) during the 41st World Diamond Congress. These agreements highlight QDE's commitment to building stronger relationships with key players in Asian diamond markets and fostering new opportunities for trade and cooperation between Qatar and the region.

Director of QDE, Ghanim Nasser Al Saadi, signed the MoUs alongside the presidents of the partner bourses: Fabio Cascapera from the Diamond Exchange of Singapore, Lin Qiang from the Shanghai Diamond Exchange, and Michio Iwasaki from the Tokyo Diamond Exchange. Al Saadi expressed optimism about the partnerships, stating that they would create new channels for trade, investment, and industry collaboration, while reinforcing Doha's reputation as a trusted gateway in international diamond trade, guided by transparency and adherence to recognised standards.

Fabio Cascapera, President of the Diamond Exchange of Singapore, welcomed the partnership, emphasizing its significance at a time when stronger connections within Asia and the broader diamond community are crucial.

Lin Qiang, President of the Shanghai Diamond Exchange, underlined the importance of international exchange and cooperation for the healthy development of the diamond industry.

Michio Iwasaki, President of the Tokyo Diamond Exchange, emphasized that trust, transparency, and confidence are foundational to the diamond trade, and welcome the partnership as a means to strengthen ties among members and uphold industry integrity.