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WFDB Urges Swift Kimberley Process Action to Allow Zimbabwe Exports

May 26, 2011 5:11 PM   By Jeff Miller
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RAPAPORT... The World Federation of Diamond Bourses (WFDB) called upon the members of the Kimberley Process to resolve their internal disagreements on the issue of rough diamond exports from Zimbabwe. Furthermore, and without any further delay, the WFDB urged members to take the "essential and courageous decision" to allow Zimbabwe to export rough diamonds from all diamond mining areas in the country, including Marange.

"The Kimberley Process, due to the deadlock in its decision-making process and its experts' ensuing indecision to allow rough diamond exports from Zimbabwe to resume, is about to cause irreparable damage throughout the entire to supply pipeline of our industry and trade, and threatens the livelihood of literally millions of people throughout the international diamond and jewellery sector " said WFDB president Avi Paz.
 
He emphasized that by perpetuating the current impasse in its decision making, the Kimberley Process bears direct responsibility, not only for the reputational damage done to the diamond and jewelry sector, but also for a significant part of the economic hardship that continues to befall the people of Zimbabwe.

"While the diamond industry and trade is in a position to contribute to the betterment of many Zimbabwean citizens, the inaction of the Kimberley Process, its members and its experts is now the major stumbling block toward real progress. In addition, if the Kimberley Process remains indecisive on Zimbabwe, there is a real danger that the relevance of the Kimberley Process itself will be at stake," Paz said.
 
He also instructed all members of the WFDB to continue to follow the Kimberley Process and the WFDB's clear directives not to trade in rough diamonds without the proper certification.
 
"The Kimberley Process members and experts need to come and face reality and resolve the Zimbabwe issue once and for all. I urge them to do so soonest," Paz stated.

 

Tags: diamonds, Jeff Miller, kimberley, process, Zimbabwe
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