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Russian companies want to set up a joint gemstone exchange with China

  • Author:Josephine wang
  • Source:Yadao
  • Release on:2014-09-29

Russia and China are planning to set up a joint company to carry out exchanges and trading gems semi-precious stones.

This is the CEO of the company Karat Constantine - Bunin (Konstantin Bunin) on Thursday announced the news, he said at a news conference that the company has received from China Beijing Gold Exchange (CBGE) and Beijing Financial Assets proposed exchange (CFAE), hoping to Shanghai diamond Exchange for example, the establishment of a precious and semi-precious stones trading floor.

Constantine - Bunin said, "This concept is so attractive, the Russian Ministry of Natural Resources and Environment, Government of Yakutia and Ingushetia are immediately expressed support for our proposal." He said, according to current practice Russian companies need to be registered in the Shanghai diamond Exchange, in order to supply diamonds to China.

Constantine - Bunin said, "In addition, many jade, amber, diamonds and emerald are smuggled from Russia to China will be created that allows the exchange flow legalize gems and normalization, and ultimately will be transparent. transaction, but also a large number of stones into Russia from China. "

Constantine - Bunin said, there is a plan to Russia and China Jewelry Association created.

Karat Group specializes in gold mining and processing of diamonds and gold, has operations in Russia, Hong Kong, China and Ghana.