The Kimberley Course of (KP) Basic Meeting, by means of consensus, elected India to the Presidency from January 1, 2026. That is the third time that India will chair the Kimberley Course of. The Kimberley Course of is a tripartite initiative involving governments, the worldwide diamond business, and civil society to halt the commerce in “battle diamonds” (tough diamonds utilized by insurgent teams and allies to finance conflicts that undermine authentic governments), as outlined by a United Nations Safety Council decision.
“India’s choice displays international confidence within the authorities’s efforts to advertise integrity and transparency in worldwide commerce,” Commerce and Trade Minister Piyush Goyal stated in an announcement.
The Gems and Jewelery Export Promotion Council (GJEPC), India’s nodal physique for the Kimberley Course of (KP), has welcomed India’s alternative.
GJEPC Chairman Kirit Bhansali stated, “Because the nodal physique, GJEPC will work intently with the Authorities of India and all stakeholders to help India’s Vice-Chairmanship and subsequent Chairmanship.”
“We stay dedicated to selling greatest practices, strengthening compliance and strengthening confidence in conflict-free diamonds throughout international markets,” he stated.
The Kimberley Course of Certification Scheme (KPCS), established by a United Nations decision, got here into pressure on January 1, 2003 and has developed into an efficient mechanism to cease the commerce in battle diamonds.
Presently, KP has 60 members representing 80 international locations, with the European Union and its member states additionally counted as one participant. It covers over 99% of the world’s tough diamond commerce and is probably the most complete worldwide mechanism on this discipline.
As a significant hub for diamond manufacturing and commerce, India will deal with strengthening governance and compliance, selling digital authentication and traceability, rising transparency by means of data-driven monitoring, and constructing client confidence in conflict-free diamonds.
