Peregrine Diamonds Ltd. PGDIF

Russia is on the diamond - investment vehicle path

[ekim]

Strategic Session (by invitation)

Diamonds as a Financial Instrument in Times of Economic Instability

The economic crisis is pushing investors to seek new investment tools, meaning that diamonds have all the prerequisites to become a profitable investment and savings asset. The key advantages of diamonds are their high capital intensity ratio, small size, multi-currency support, simple logistics and ease of storage.

To carry this initiative forward, there are a number of issues that require discussion and resolution:
• Classifying items by the four standard parameters: carat weight, colour, clarity and cut.
• Standardizing the Russian and international diamond classification systems.
• Identifying investment diamonds to ensure investor protection
• Developing and launching a mechanism for exchange trading in investment diamonds
• Creating an attractive environment for investors, particularly in terms of taxation

Moderator:
Aleksandr Tikhomirov — Head of Corporate Projects Directorate, Alrosa

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The above is from the Eastern Economic Forum in Early September.

LONG...PGD

EKIM