Connect with us

Press Releases

World Diamond Council Reaffirms Commitment to Central African Republic

mm

Published

on

The group supports the Kimberley Process Monitoring Team.

(Press Release) NEW YORK — The World Diamond Council, an industry group focused on preventing conflict diamonds from entering the global supply chain and protecting the value of natural diamonds, reaffirmed its commitment to the Central African Republic. The WDC supports the efforts in preventing the trade of conflict diamonds originating from CAR and stresses the collaboration of intergovernmental organizations and civil society groups to monitor the situation on the ground. A recent Global Witness report on diamond trading in CAR similarly highlights the importance of continual cooperation from all parties involved in the trade of diamonds in the region.

Diamonds from the CAR have been slowly returning to the legitimate diamond supply chain under strict supervision of the Kimberley Process appointed Monitoring Team. This team made up of government, industry and civil society representatives is tasked with upholding the strict guidelines put forward a year ago to prevent the trade of conflict diamonds. The monitoring process that has been put in place has not come without specific challenges; there have been instances where issues related to the lack of documentation have arisen and as a result the Monitoring Team took swift and proper action to block shipments that were not meeting the established monitoring guidelines.

The WDC and the KP Monitoring Team recognize the challenging environment in which the CAR monitoring authorities operate but nevertheless continue to press the CAR government to increase its efforts to guarantee the traceability of the diamond supply chain within the country and prevent the proliferation of the illicit diamond trade. As part of this work, there are regular United Nations security updates verifying that declared green zones, or sub-prefectures in CAR where the export of diamonds has been allowed to resume, continue to remain safe and follow KP procedures.

“The KP continues to become more efficient in our common ability to monitor the exchange of diamonds in CAR, thanks to the more rigorous and efficient work by the local Kimberly Process focal point,” said acting WDC President Stephane Fischler. “The WDC encourages continued dialogue to identify additional solutions to further strengthen our efforts, but there remains the need for the established guidelines to be strictly followed and local monitoring capacity enhanced. Diamond exports not conforming to the agreed procedures, will continue to be barred from being exported.”

Advertisement

SPONSORED VIDEO

When the Kids Have Their Own Careers, Wilkerson Can Help You to Retire

Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

Promoted Headlines

Most Popular