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Article: Agreement in Gaborone: a successful end to the Kimberley process: under the terms of the new system, only those rough diamonds which have been certified by recognized authorities in all of the producing countries will be allowed to enter the pipeline. Re-export certificates will be issued, again by recognized authorities, for each subsequent movement of the stones until they are cut into finished jewels.
- Article from:
- Israel Diamonds
- Article date:
- December 1, 2001
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Participants in the Kimberley Process reached agreement on November 29 in the Botswana capital of Gaborone, on a certification scheme aimed at ending the trade in rough diamonds used for financing civil war in Africa. It is expected that the scheme will be brought before the U.N. Security Council for approval in December.
Following the session, the participants in the Kimberley Process called on all countries that are able to do so to immediately implement the scheme, which requires that diamonds must be certified as having been legitimately mined, in order to be exported. All other countries will be required to begin issuing certificates by June 1, 2002, and full ...