In 2007, the Diamond High Council was restructured and split up in two different enterprises. It also had a commercial branch to issue certificates. Their mission was to protect and promote the diamond sector in Belgium. In October 1973, the AWDC was established as the Hoge Raad voor Diamant (HRD), or Diamond High Council, by the Belgian government and diamond industry representatives. It is acknowledged as the diamond capital of the world. Other groups that aid in development, protection, and processing of these diamonds include diamond banks, insurance brokers, forwarders, best polishers, and researchers. The World Diamond Center is home to all of the major diamond mining companies, which discover diamonds for over 1,800 individual diamond dealers across the globe. This is primarily done through marketing campaigns, services, conferences, trade fairs, economics missions, and various other ways. The Diamond office facilitates the import and export of diamonds in and out of Antwerp. The chief executive officer of AWDC is Ari Epstein. It is located in heart of Antwerp in the Hoveniersstraat. The Antwerp World Diamond Centre ( AWDC) is a public/private corporation, officially representing and coordinating the Antwerp diamond sector.
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