Advanced Search

EU Welcomes Kimberley Process Decision on Marange Exports

Nov 2, 2011 9:06 AM   By Deena Taylor
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT...The European Union's European Council welcomed the Kimberley Process agreement reached in Kinshasa yesterday regarding the export and sale of Marange rough diamonds, calling the decision a way forward for the certification scheme and Zimbabwe.

The E.U. launched an initiative aimed at finding consensus among all Kimberley Process members, including Zimbabwe, to preserve the credibility and integrity of the process following the global body's Intersessional stalemate meeting in June 2011, where no consensus could be reached on Marange exports.

"After months of intensive negotiations with all parties, an agreement has now been reached on the basis of this initiative, which protects the integrity of the Kimberley Process, respects the core concerns of Zimbabwe and the E.U., recognizes the concerns of civil society and meets the expectations of diamond producing and importing countries,'' said Catherine Ashton, the high representative of the Union for Foreign Affairs and Security Policy and vice-president of the Council.
Tags: Deena Taylor, Kimberley Process, Marange, Marange Diamonds, The European Union's European Council , Zimbabwe
Similar Articles
Alrosa rough sorting 140Alrosa Delays New Rough Supply Deal Again
Mar 29, 2021
Alrosa has extended its long-term supply contracts with clients through the second quarter, postponing
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 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.