Muzi.com News Gallery Library Forum Celebrity Movies Chinastar Regions Channels
Set Home|Subscribe|Premium Home|MyMuzi

Home | Headlines | Photos | Region | People | Time | Events | Business | Sports | Showbiz | IT | Politics | Military | Society | Education | Life | Health | Most-viewed Story | Most-viewed Coverage
  Muzi.com : Muzi (English) : News
  Diamond watchdog bids to deflect transparency flak
Last updated: 2006-11-09


Diamond watchdog bids to deflect transparency flak
2006-11-09

Category
Diamond
Nations
Ghana
Botswana
Ivory Coast
Venezuela
Canada
Movie
Blood Diamond
An industry watchdog set up to stamp out the trade in conflict diamonds decided to tighten controls on Ghana where tainted stones are trafficked from conflict zones in west Africa.

Delegates attending the Kimberly Process (KP) plenary in Botswana, the world's biggest diamond producer, issued a joint statement after four days of talks in which they also pledged to issue annual figures on efforts to end the trade.

The statement said a plan had been approved "to help Ghana strengthen its internal diamond controls or face a possible loss of its Kimberley Process status.

"A special Kimberley Process review mission will visit Ghana in three months to review progress," it said, adding there were "credible indications that Ghana has not complied with its ... obligations."

They reviewed a report by experts who had been to Ghana's neighbour Ivory Coast, wracked by a four-year civil war, following reports that "diamonds mined in rebel-held territory are entering international markets through Ghana."

The statement said the "working group on statistics should provide annual aggregated data on exports, imports, production and KP certificates count data to the chair" and implement 46 measures to strengthen the Kimberley Process.

These include naming and shaming offenders, highlighting requirements related to illegal shipments and improving data gathering and analysis.

"The plenary agreed to publish the names of participants which habitually fail to submit statistics (and) the plenary endorsed the concept of transparency in statistical reporting by approving the immediate release of KP data on trade and production by value and volume for 2004/05."

The UN-mandated body, which came into force six years ago, is a joint bid by governments and the international diamond industry to prevent the proceeds of diamonds being used by rebel movements to finance military campaigns.

Diamond producers have been particularly wary about the issue in recent weeks ahead of the release of an emotive movie starring Leonardo di Caprio and called "Blood Diamonds", funding an advertising campaign to deflect criticism of the industry.

Apart from diamond industry and government officials, the meeting in Botswana -- one of the world's biggest diamond producers -- was also attended by pressure groups such as Partnership Africa Canada (PAC).

Its spokesman Ian Smillie said that the meeting had managed to address his organisation's concerns.

"A three-year, self-managed review ... failed to deal with several contentious issues including effective and credible government oversight on the diamond industry and statistical transparency," he said.

"All these issues were addressed in a constructive manner."

Outgoing KP chairman, Botswana's Kago Moshashane, said the review document had been adopted in its entirety, including all its recommendations.

"I am pleased that this very important plenary session has been concluded on a positive note," he told reporters.

"The clear message being sent by participant nations, civil society and the diamond industry is that this unique collaboration is determined to continue to work together.

"We may not always agree on everything, but we are united in our view that the Kimberley Process is the best mechanism to bring a complete end to the trade in conflict diamonds," he added.

Delegates also agreed to send a mission to Ghana to verify its compliance with its obligations under the terms of the process and offered the government in Accra assistance in strengthening internal controls.

Venezuela will also receive a visit from monitors next month, sources attending the conference said.

 Diamond  
  Profile News21GalleryLinks  
  Scientists Grow Bigger, Better Diamonds (2008-10-27)
  Lesotho mine yields one of world's largest diamonds (2008-09-21)
  Record diamond to go under hammer (2008-02-19)
  UV test helps fingerprint blue diamonds (2008-01-08)
  Man nearly tosses 4.38-carat diamond (2007-11-06)
  Wis. man finds 3.92-ct white diamond (2007-10-23)
  Rare blue diamond breaks world record in HK sale (2007-10-08)
  Mystery around claims of largest diamond (2007-08-30)
  Teen finds 2.93-carat diamond along path (2007-06-06)
  Diamond watchdog bids to deflect transparency flak (2006-11-09)
  African diamond industry girds for Hollywood film (2006-11-05)
  Man finds 5.47-carat diamond in park (2006-10-21)
  World's 15th-largest rough diamond sold (2006-10-09)
  Botswana's leading diamond miner plans to sparkle this year (2006-08-06)
  Diamond firm finds egg-sized gem (2006-04-22)
  China's yuppies say "I do" to diamonds (2004-12-23)
  Shanghai Diamond Exchange Is Operational (2000-12-22)
  Shanghai Diamond Market to Open Soon (2000-09-12)
  China to Start First Diamond Exchange (2000-08-09)
  China launches first diamond association (2000-06-17)
  Shanghai sets up exchange to promote diamond trade (2000-03-21)


Stories Coverages

NewsGuide EventCityPeopleShowCompany 
 ENTSportsBIZEDULifeMilitaryPoliticsSocietyHealth 
[2008 Global Recession]: Obama economic plan aims for 2.5M new jobs by 2011 (09:08 11/22)

[Global Financial Crisis]: Federal regulators shut 2 California thrifts (09:08 11/22)

[110th Congress]: Hold the euphoria; it's gloomy now on Capitol Hill (09:08 11/22)

[2008 Automakers Downturn]: Obama low key but active in auto rescue talks (09:08 11/22)

[China-U.S.]: China, Russia bid Bush farewell at trade summit (09:08 11/22)

[Second Gulf War]: Iraqi parliament to vote on US pact Wednesday (09:08 11/22)


[Pakistan-U.S.]: Suspected US missile strike kills 5 in Pakistan (09:08 11/22)


[2008 NBA]: Big day for Knicks ends with Marbury controversy (09:08 11/22)

[Afghan Terror War]: US: Financial woes no excuse in funding Afghan war (09:08 11/22)


[2008 Endeavour Mission 2]: Astronauts face hardest spacewalk to finish repair (09:08 11/22)



Muzi.com

Muzi.com : About | Sitemap | Ads | Contact
All Rights Reserved 1994-2006 - All rights reserved.