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Article: Conflict diamond issue sees progress. (Up Front).(Brief Article)
- Article from:
- Jewelers Circular Keystone
- Article date:
- May 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The industry has heard this before, but this time it looks as if the conflict diamond issue really may be on its way to a conclusion.
The Kimberley Process--the international coalition of nations crafting a rough diamond certification system--recently settled most of its outstanding issues during a meeting in Ottawa. The system, which is scheduled to be in place by November of this year, still must be ratified by the United Nations.
"Things are on their way to being finished," says Eli Izhakoff, chairman of the World Diamond Council, the industry's representative to the Process. "But there is still much that needs to be done. The devil is in the details, ...