KP Chair Re­leases Mid-term Progress Re­port

Solitaire - - SPECTRUM -

The UAE Kim­ber­ley Process (KP) chair 2016, Ahmed Bin Su­layem, pub­lished a mid-term re­port, a first for the KP, high­light­ing key ini­tia­tives such as on-site vis­its to the ma­jor di­a­mond pro­duc­ing na­tions of Africa, the ini­ti­a­tion of a se­ries of val­u­a­tion sem­i­nars and a pro­posal which ex­plores the use of blockchain tech­nol­ogy to help en­hance se­cu­rity mea­sures.

The re­port also of­fers a pre­view of ac­tiv­i­ties for the re­main­der of the year in­clud­ing the KP Ple­nary meet­ing that will see rep­re­sen­ta­tives from all over the world meet in Dubai to dis­cuss the fu­ture of the di­a­mond industry from Novem­ber 13-17.

“This year the KP chair has taken con­crete steps to sup­port the ef­forts of var­i­ous groups and mon­i­tor­ing teams, to en­sure that some of the world’s poor­est di­a­mond pro­duc­ing coun­tries are able to join or come back into the KP fam­ily and re­ceive a fair share of the rev­enues cre­ated by the min­ing and ex­port of rough di­a­monds,” said Bin Su­layem.

Bin Su­layem has been pro-ac­tive in not only up­hold­ing the prin­ci­ples of the KP re­mit, to fa­cil­i­tate the le­git­i­mate min­ing and trad­ing of rough di­a­monds, but also in work­ing closely with gov­ern­ments and KP work­ing groups to pro­mote and en­hance eth­i­cal and best prac­tices.

“Rais­ing global aware­ness of the work of the KP is key to not only re­port achieve­ments, but to demon­strate how we are work­ing to stem the flow of con­flict di­a­monds, pro­tect the rights of min­ers and im­prove con­di­tions for their fam­i­lies in coun­tries con­cerned in di­a­mond min­ing and pro­duc­tion,” he added.

The KP chair­man­ship 2016 is un­der the aus­pices of the UAE min­istry of econ­omy. His Ex­cel­lency Sul­tan Bin Saeed Al Man­souri, UAE min­is­ter of econ­omy ap­pointed Ahmed Bin Su­layem as KP chair in Jan­uary 2016. The KP chair over­sees the im­ple­men­ta­tion of the Kim­ber­ley Process Cer­ti­fi­ca­tion Scheme, the op­er­a­tions of the work­ing groups and com­mit­tees, and gen­eral ad­min­is­tra­tion and fa­cil­i­ta­tion. The chair ro­tates an­nu­ally.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.