The World Diamond Council has renewed its call for members of the industry to redouble their efforts to ensure that no diamonds from Marange diamond fields are traded until the Kimberley Process monitor is in place and is actively controlling exports from the area.
The KP has developed, jointly with the government of Zimbabwe, a mechanism to ensure full compliance with KP requirements of all of Zimbabwe’s diamond production, including those from Marange, the one region in Zimbabwe where there were substantial indications of noncompliance.
“The WDC is committed to supporting this mechanism fully,” said Eli Izhakoff, WDC’s
President. “All participants in the supply chain for diamonds are responsible to apply
intensive due diligence to ensure that no diamonds from Marange are traded until the KP
monitor is in place, and is controlling exports from that area.”
The WDC urgently reminded all industry members trading in diamonds (rough, polished, or in jewelry containing diamonds) to use the System of Warranties every time these products are sold. This system was designed to provide assurances through the entire supply chain down to the consumer that they do not purchase diamonds that have been traded in violation of any KP requirements.
Related posts:
- World Diamond Council Calls for Increased Efforts by Kimberley Process Participants to Achieve Full Compliance in Zimbabwe
- World Diamond Council Calls for Decisive Action Concerning Zimbabwe’s Participation in the Kimberley Process
- World Diamond Council supports immediate and intensive action to address Marange diamonds
- Kimberley Process Chair Calls for Vigilance Against the Laundering of Illicit Diamond Shipments
- Rapaport Group Calls on Diamond Trade to Avoid Marange Diamonds
