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Israel Diamond Institute signs cooperation deal with Liberia

22 Nov '07
3 min read

In a festive ceremony, a memorandum of understanding was signed November 20, under the aegis of Liberian President Ellen Johnson-Sirleaf, by Israel Diamond Institute Chairman Moti Ganz and Liberia's Minister of Lands, Mines & Energy Dr. Eugene H. Shannon. The memorandum of understanding lays the foundations for strategic cooperation between the Liberian government and the Israeli Diamond Industry in the area of diamonds.

In addition to President Johnson-Sirleaf, the ceremony was attended by Liberia's Minister of Lands, Mines & Energy Dr. Eugene H. Shannon, Liberia's Defense Minister and other ministers, senior members of Israel's Diplomatic Corps, Chairman of the Israel Export Institute David Arzi, foreign ambassadors, senior representatives of the Foreign Ministry and the Ministry of Industry Trade and Labor, and leaders of the Israeli Diamond Industry.

Chairman of the Israel Diamond Institute (IDI), Moti Ganz, noted in his speech that the Israeli Diamond Industry attributes great importance to Africa in general and Liberia in particular. "Africa is a continent of opportunity. Current opportunities and future opportunities. Let us make sure not to miss this chance."

Ganz spoke of President Johnson-Sirleaf's vision and noted that "the president symbolizes a new spirit in Africa. She brings great hope to all of the countries in the region. She is a woman of vision who is determined to do her best for her country and her people."

"The futureof Liberia's economy is embedded with diamonds," Ganz remarked. He expressed his conviction that a new page will soon open in Liberia's history. "The Israeli Diamond Industry believes in the new Liberia. If you wish it, it is no longer a dream."

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