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Kimberly Process Changes Facing Opposition In Diamond Industry

Investing News Network
Sep. 13, 2012 01:54PM PST
Gem Investing

AllAfrica.com reported proposed changes to the the Kimberley Process are under fire from ZANU PF ahead of a key session of the KP’s future in November.

AllAfrica.com reported proposed changes to the the Kimberley Process are under fire from ZANU PF ahead of a key session of the KP’s future in November.

As quoted in the market news:

The KP will be meeting in Washington where the group’s current Chair, Ambassador Gillian Milovanovic’s proposed amended definition of “conflict diamonds” will be put up for discussion and a vote. The proposed text has followed months of consultation and discussions and it is expected that a majority of KP member countries, diamond industry players and international NGO groups will support the changes.

Click here to read the full AllAfrica.com report.

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