Marking a major milestone in the industry, the agreement maps out a programme of cooperation that will focus on areas such as information exchange, joint research, technical assistance, and initiatives promoting best practices, harmonisation of standards, and consumer protection.

The World Jewellery Confederation (CIBJO) and the International Grown Diamond Association (IGDA) have agreed to work together in protecting the confidence of consumers in both jewellery products and the jewellery industry, through the transparent development of standards, operating principles and terminology.

CIBJO President Gaetano Cavalieri has received the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award in recognition of his contribution to the precious metals industry.