An assembly for inflation and discharge of inflation fluids, in particular for inflatable diving equipment, such as buoys, diving buoys, balancing vests or the like, the assembly comprising:
- a two-way flow valve providing two flow paths comprising an inlet path and an exhaust path,
- wherein the valve includes a valve body having the inlet path and the exhaust path, which are separate from each other and are each disposed to receive flows having opposite directions, and
- wherein the inlet path and the exhaust path are each provided with a non-return valve that prevents a flow in an opposite direction with respect to a flow direction foreseen for a respective flow path and that enables the flow to pass, automatically or on command, in the flow direction foreseen for the respective flow path.