WINC 455, November 16, 2023

November 18, 2023

Kimberley Process Plenary ends in deadlock: In a statement KPCSC said: “It is unclear where this leaves the Kimberley Process and how to move forward now. One of the main stumbling blocks was how to address the role of diamonds in financing Russia’s war against Ukraine. “Since last year, efforts to include this matter on the agenda of KP meetings have been blocked by a small group of KP participants.” Russia, Belarus, Central African Republic (CAR) and Kyrgyzstan have opposed moves to broaden the current definition of conflict diamonds – “rough diamonds used to finance wars against governments” – claiming it was political, and beyond the KP’s remit.

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The WINC is IDMA’s “Weekly Internet News Collection” service. Each week, we search for and find news items and stories on relevant topics to our segment of the diamond industry.