What is the "Kimberley Process"? The flow of Conflict Diamonds has originated mainly from Sierra Leone, Angola, Democratic Republic of Congo, Liberia, and Ivory Coast.The United Nations and other groups are working to block the entry of conflict diamonds into the worldwide diamond trade.
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But by November 2002, a solution to certify that diamonds were conflict-free was finally in place. They called this the Kimberley Process Certification Scheme (KPCS) or Kimberley Process for short. In a nutshell, the Kimberley Process' purpose is to prevent conflict diamonds from entering the mainstream diamond-trade market.
Kimberley Process Certification Scheme. The Clean Diamond Trade Act was signed into law on July 29, 2003 which prohibits the "importation into, or exportation from, the U.S. of any rough diamond, from whatever source, unless the rough diamond has been controlled through the Kimberley Process Certification Scheme (KPCS)."
THE KIMBERLEY PROCESS The Kimberley Process (KP) is the international forum dedicated to eradicating conflict diamonds from the world trade. It is a tripartite coalition involving governments, industry and civil society. There currently are 56 Government Participants, representing 82 countries, with the European Union and member states counting as
The Kimberley Process (KP) is a multilateral trade regime established in 2003 with the goal of preventing the flow of conflict diamonds. The core of this regime is the Kimberley Process Certification Scheme (KPCS) under which States implement safeguards on shipments of rough diamonds and certify them as "conflict free".
Launched in 2003, the Kimberley Process is a coalition of governments, civil society and the diamond industry to eliminate the trade in so-called conflict diamonds. Conflict diamonds are defined by the relevant United Nations Security Council resolution (United Nations Security Council resolution 1459) as "rough diamonds used by rebel ...
diamonds." The Kimberley Process is a United Nations-backed Government organizations and policy groups are not certification plan created to ensure that only legally the only ones bringing the problem of conflict diamonds mined rough diamonds, untainted by conflicts, reach to light.
On September 23, 2004, the Office of Foreign Assets Control (OFAC), Treasury, published in the Federal Register interim regulations to carry out Executive Order 13312 of July 29, 2003, which implemented the Clean Diamond Trade Act (CDTA) and the Kimberley Process Certification Scheme (KPCS) for rough diamonds. OFAC regulations are found in 31 CFR 592.101 …
The Kimberley Process (KP) unites administrations, civil societies, and industry in reducing the flow of conflict diamonds - 'rough diamonds used to finance wars against governments' - around the world. See the process. Process. The KP unites 82 countries around the world. The KP observers include the World Diamond Council representing the ...
The Kimberley Process (KP) is an international, multi-stakeholder initiative created to increase transparency and oversight in the diamond industry in order to eliminate trade in conflict diamonds, or rough diamonds sold by rebel groups or their allies to fund conflict against legitimate governments.
THE KIMBERLEY PROCESS The Kimberley Process (KP) is the international forum dedicated to eradicating conflict diamonds from the world trade. It is a tripartite coalition involving governments, industry and civil society. There currently are 56 Government Participants, representing 82 countries, with the European Union and member states counting as
In 2003, the diamond industry's response came in the form of a new diamond certification scheme called the Kimberley Process. By 2009, 74 diamond-producing countries that participate in the Kimberley Process agree to trade rough diamonds only with other countries in the organization. Discussion Case 8.
The Kimberley Process (KP) is an international, multi-stakeholder initiative created to increase transparency and oversight in the diamond industry in order to eliminate trade in conflict diamonds, or rough diamonds sold by rebel groups or their allies to fund conflict against legitimate governments. The KP, which became operational in 2003, controls trade in rough diamonds […]
The Kimberley Process (KP) is a multilateral trade regime established in 2003 with the goal of preventing the flow of conflict diamonds. The core of this regime is the Kimberley Process Certification Scheme (KPCS) under which States implement safeguards on shipments of rough diamonds and certify them as "conflict free".
The Kimberley Process (KP) was created in response to United Nation (UN) General Assembly Resolution A/RES/55/56 to ensure that international transport and trade of diamonds is not used to fund conflict among nefarious groups or between them and legitimate governments (U.S. Department of State, 2002). The KP was instituted to