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Diamant- und Edelsteinbörse Idar-Oberstein e.V.

Idar-Oberstein, Germany |
Nature Of Business :

Traders

Dealing In :

Gold Jewelry, Silver Jewelry

Total Items:
0
Established In:
1974

The Diamond and Precious Stones Bourse Idar-Oberstein (DEIO) was inaugurated as the first bourse worldwide combining the trading of diamonds and coloured stones. The Bourse was admitted unanimously to the World Federation of Diamond Bourses (WFDB) which today is the umbrella organization of 30 bourses spanning the globe. Without being subjected to lots of formalities the members of DEIO have access to all other member bourses of the World Federation of Diamond Bourses. The setting-up of the sole German customs office being authorized by the EU for the customs clearance of rough diamonds was instigated by DEIO. It is working within the framework of the Kimberley Process (KP) with its intention to end the illegal trading in conflict diamonds. Along with the office currently there are five more institutions working within the EU.

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