(Rapaport News) - The Gemological Institute of America (GIA) plans to close or heavily scale back its Antwerp operations following a review of its business in the Belgian city. “Based on global and local market conditions and activity, and the impact of the global pandemic, the GIA conducted an evaluation of the long-term viability of GIA Belgium,” a spokesperson for the organization told Rapaport News on Friday. “As a result of that evaluation, we have the intention to close or significantly reduce the GIA laboratory and offices in Antwerp, which will likely result in a reduction in staff.”
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