Eurostar Diamond Traders N.V.

Eurostar, Trusted by the World’s Most Prestigious Watch & Jewellery Brands TM

Eurostar Diamond Traders Enters Into Multi-million Dollar Strategic Sales Agreement with LaoFengXiang
Wednesday, 07 October 2009 00:00

Under the auspices of the Belgian and Chinese governments, Eurostar Diamond Traders, a leading global diamond conglomerate with over $1 billion annual revenues, entered into a multi-million USD strategic sales agreement with LaoFengXiang, a prominent Chinese jewellery retail chain with national market coverage.  The trade agreement signing ceremony took place on 7 October 2009 in Brussels, Belgium and was presided by HRH Prince Philippe of Belgium and Chinese Vice President Xi JinPing.  The trade agreement will have a duration of three years, during which LaoFengXiang has agreed to purchase polished diamonds with a multi-million USD minimum value threshold annually from Eurostar Diamond Traders.

As part of the visit, Tesiro Tongling, a strategic partner of Eurostar, presented a 2 carat Blue Flame Diamond to Chinese Vice President Xi.  The Blue Flame is a specialty diamond with 89 facets and was jointly developed by Eurostar Diamond Traders and Tesiro Tongling.  The Blue Flame has adorned Chinese actress Zhang Ziyi earlier in the year during her appearance at the Berlinale Film Festival. 

 

 

 Mr. Kaushik Mehta, Chairman / CEO of Eurostar Diamond Traders with Vice President Xi JinPing of China 

 

 

 

Trade agreement signing ceremony in Brussels, Belgium between LaoFengXiang and Eurostar Diamond Traders.

 

 

 

 Mr. Pan Bin, General Manager of LaoFengXiang, with Mr. Kaushik Mehta, Chairman / CEO of Eurostar Diamond Traders.  

 

 

 

Vice President Xi JinPing of China, HRH Prince Philippe of Belgium, Mr. Kaushik Mehta, Chairman / CEO of Eurostar Diamond Traders. 

 

 

 

Mr. Kaushik Mehta, Chairman / CEO of Eurostar Diamond Traders and Mr. Richard Shen, CEO of Tesiro Tongling.

 
 

Eurostar Diamonds International is a Sightholder of the Diamond Trading Company, the sales and marketing arm of the De Beers Group. The company is a leading global diamond conglomerate specialised in providing precisely calibrated diamonds, GIA certified diamonds, and other fine specialty diamonds to the world's most prestigious watch and jewellery brands. © Eurostar Diamond Traders.