Advanced Search

UN Lifts Diamond Ban on Cote d'Ivoire

Apr 29, 2014 4:22 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... The United Nations (UN) Security Council unanimously approved removing an export ban on rough diamonds from Cote d'Ivoire. The resolution immediately terminated diamond sanctions that were imposed in 2005 and it noted that Cote d'Ivoire had met the minimum requirements of the Kimberley Process Certification Scheme.  An arms embargo, however, was extended again until April 30, 2015.

The Security Council called upon the government to continue taking measures "to dismantle the illegal taxation networks" but it welcomed "overall progress toward restoring security, peace and stability."

The council also commended efforts by President Ouattara and his government to stabilize Cote d'Ivoire, accelerate economic development and strengthen international and regional cooperation.



Tags: Cote d'Ivoire, diamonds, embargo, Jeff Miller, United Nations
Similar Articles
Russian Sanctions Banner ThumbnailRussia Sanctions: Resource Center
Jun 01, 2022
With the US imposing sanctions on Alrosa and other Russian entities, there is rising concern about the
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.