By Ashley Bailey
, Friday, August 04, 2006
The World Federation of Diamond Bourses (WFDB) and the Council for Responsible Jewellery Practices (CRJP)issued a joint press release on August 3 reinforcing their mutual missions to promote consumer confidence.
The release states "The CRJP acknowledges the efforts of the WFDB in developing the WFDB Mark, specifically as a compliance system for the use of members of WFDB-affiliated bourses, while the WFDB supports the efforts of the CRJP in the development of its system."
The WFDB was founded in 1947. Its purpose is to promote understanding and closer co-operation between peoples all over the world who earn their livelihood in the diamond and precious stones trade.
The CRJP was founded in May 2005. Council Members are committed to promoting responsible business practices in a transparent and accountable manner throughout the industry from mine to retail.