Who we are and what we do
The Administration is responsible for optimally utilizing the tools at the ministry's disposal to promote and develop industries and manufacturing in the diamond,
special stones and jewelry sector. The Administration helps the ministry to formulate and plan industrial policies for these sectors based on accumulated
knowledge and familiarity with their needs and targets for investments, technology, R&D, employment and international sales.
The Diamonds, Special Stones and Jewelry Administration includes the role of the Diamond Controller at the Israel Diamond Exchange.
The controller has been issued that authority by virtue of the Supervision of Diamonds Law, Import and Export, 1979.
In addition to the authority to issue licenses for diamond usage to manufacturers and goldsmiths, the supervisor runs an exclusive customs station for diamond
imports and exports.
The administration inspects and makes recommendations in accordance with the Capital Investments Encouragement Law for programs to build and expand
polishing workshops and jewelry manufacturers and submits its recommendations to the Investments Center.
The administration helps Israeli manufacturers penetrate foreign markets and recommends financial assistance via a fund designated for encouraging
international marketing. In addition, the administration, along with the Diamonds Institute and the Exports Institute, encourages companies and manufacturers
to attend professional exhibitions on diamonds and jewelry.
The administration collaborates with the Institute of Standards which is responsible for regulations related to gold and silver jewelry.
The administration, in conjunction with the ministry's management and diamond institutions in Israel, invests great efforts in forming partnerships with foreign
companies and governments in order to increase input sources for raw diamonds to Israel.
In order to achieve these goals and targets, the administration maintains ties with institutions and organizations in the field in Israel and abroad.
The administration employees are members of public committees which were established in order to develop the diamonds and jewelry sector in Israel. In
addition, it represents government policies in international organizations and in the Kimberly process, which strives to prevent trade of diamonds in conflict.
Members of the diamond and jewelry industries, bankers, delivery companies, relevant institutions.
Targets, goals and vision
Encouraging international trade in diamonds, guaranteeing fair trade.