Conflict diamond trade down

2013-06-07 17:29
(Picture: Beeld)

(Picture: Beeld)

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Johannesburg - The Kimberley Process Certification Scheme (KPCS) has had a significant affect on the global trade in rough diamonds the past decade, Mineral Resources Minister Susan Shabangu said on Friday.

"It was recognised that the scheme has, within its existing mandate, been successful in minimising the trade in what has come to be known as conflict diamonds," she said.

"It has also had a significant developmental impact in improving the lives of people dependent on the trade in diamonds."

Shabangu was speaking at a four-day inter-sessional meeting of the KPCS in Kimberley.

The meeting, with the theme "10 years of stemming the flow of conflict diamonds", ended on Friday.

At the talks, representatives of governments, the diamond industry and civil society discussed ways of strengthening the effectiveness of the rough diamond certification scheme, KPCS chairperson Trevor Hattingh said in a statement.

This was to ensure that the diamond trade was not financing violence by rebel movements seeking to undermine legitimate governments.

Hattingh said delegates had reviewed the processes and functions of the scheme to ensure it remained relevant and credible in curbing the illegal flow of rough diamonds.

"The findings of review missions and visits to ascertain compliance with the KPCS was considered, including the possibility of further review missions to Cote d'Ivoire and the Central African Republic."

He said technical support for KPCS compliance, and creating public awareness of its activities were also discussed.

The recommendations emanating from the inter-sessional meeting would be considered at the plenary meeting of the KPCS, to be held later this year in South Africa.

Read more on:    susan shabangu  |  kimberley  |  blood diamonds

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