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ROUGH DIAMONDS CERTIFICATION
India to assume chair of Kimberly Process from Jan 1 for third timeIndia will lead the Kimberley Process, a global initiative against conflict diamonds, for the third time starting January 1. This marks a s...- EU delays polished diamond traceability requirements to January 2026, easing pressure on Indian tradeThe EU delays implementing stringent traceability rules for polished diamond imports to January 2026, easing pressure on the Indian diamond...
- Falling prices, low consumer trust, imports issues for lab-grown diamond: GTRIIndia's lab-grown diamond industry has been struggling due to a 65% price drop over the past year caused by overproduction and high imports...
- Make India key node to verify origin of diamonds, Indian officials tell EUAt a meeting in Brussels last month, the Indian trade body, senior government officials and Indian customs officials have told the European...
- How G7 and EU are weaponising diamonds and carbonIn the wake of the Ukraine war, the West tried every trick in the diplomatic playbook to get India to loosen ties with Russia. After that s...
- Diamond traders in a fix as G7's Antwerp diktat comes into effectIndia's Gem and Jewellery Export Promotion Council (GJEPC) and global diamond trade bodies have raised concerns about the G7 bloc's demand ...
- US may allow 'self-certification', India, Africa resist EU diktatTrade sources told ET there was a glimmer of hope following a meeting last week between a US government official and the country’s leading ...
- G-7 to ban Russian diamonds starting next yearThe G-7 said it will continue to consult with diamond-producing and manufacturing countries on how to design and implement the tracing syst...
- African Diamond Producers Association opposes G7 diamond protocolIndia's diamond industry, heavily impacted by G7 sanctions on Russia, has received support from the African Diamond Producers Association (...
- Fresh sanctions on Russian diamonds put 1 million jobs at riskIndian diamond trade cuts and polishes 9 out of 10 diamonds available in the world and imports Russian diamonds from Alrosa, which accounts...
- Indian diamond industry’s revenue set to fall 15-20% this fiscal year, Crisil saysSurge in Covid-19 cases has led to lockdowns in several regions in China, which is one of the largest consumers of Indian polished diamonds...
- Centre makes GJEPC membership mandatory for Kimberley Process CertificateThe Central government has made membership of Gem & Jewellery Export Promotion Council (GJEPC) mandatory for getting the Kimberley Process ...
- India to work with global players for ‘conflict-free’ diamond tradeThe country has a unique position in between producers of rough diamonds and consumers of cut and polished diamonds.
- No more conflict: India to broker 'peace' among diamondsAs chair of Kimberley Process Certification Scheme, India will try to prevent illegal acquisition of stones.
- Amend laws on synthetic diamonds, Russia tells IndiaIndustry executives said that around 5 million carats of synthetic diamonds are produced globally.
- Diamond City gets a sparkling New Year gift as Kimberley Process authorizes export of Zimbabwe rough diamondsKimberley Process Certification Scheme on Tuesday authorized the resumption of diamond sales and exports from two mining sites in Zimbabwe'...
- Zimbabwe's diamonds are dirty: WikiLeaksA US document — released by WikiLeaks —says that thousands have been murdered as a result of Zimbabwe's illicit diamond trade.
- 'Blood diamonds may have found its way into India'An Indian diamond merchant and the head of a premier trade body have ruled out the possibility of blood diamonds from Zimbabwe’s Marange fi...
- Rough diamond import from Venezuela bannedIndia has banned import of rough diamonds from Venezuela after it pulled out of a UN approved system that ensures that "blood diamonds" ext...
- India wants renewed vigil against 'conflict diamonds'The process to eliminate "conflict diamonds", which fund bloody rebel movements in some countries, is being somewhat frustrated by fake cer...
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