Politics hurting diamond trade: Council

Kolkata, June 25 (Calcutta Tube / IBNS): The Gems & Jewellery Export Promotion Council expressed their disappointment over disagreement in position between the consuming countries and African producers at Kimberley Process Certification Scheme’s annual Intersessional Meeting at Kinshasa.
Rajiv Jain, Chairman, Chairman, Gems & Jewellery Export Promotion Council said the disagreement will effect millions of people belonging to the diamond industry in India.
“We decry the divisions that are stopping the rightful exports from compliant mines in Marrange of Zimbabwe,” Rajiv Jain said in an official statement recently.
He said that the politicising of the entire process has effected the normal working of the entire diamond industry.
“The politicisation of the process is demeaning the good efforts of the industry in forging an effective alliance and creating a mechanism against conflict diamonds in today’s world,” he said.
“Being one of the founders of KP, we will not allow these happenings to stop the rightful means of African people to earn their own resources,” he expressed in the statement.
“India remains committed to compliance with Kimberly process and the continuance of the system with all its checks and balances in accordance to the directives and decision taken by KP,” Jain said.
Setup in 1966 the Gem & Jewellery Export Promotion Council is an all – India apex body for Gem & Jewellery representing 5,500 members.
Kimberley Process Certification Scheme (KPCS) is the process designed to certify the origin of rough diamonds from sources which are free of conflict funded by diamond production.

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