Kimberley Process

(redirected from Kimberley Process Certification Scheme)
Also found in: Wikipedia.

Kimberley Process

A structure set up to ensure that diamonds sold internationally do not finance wars or other conflicts. Countries subscribing to the Kimberley Process must put in place regulations requiring diamond dealers to buy diamonds only from known sources. Diamonds shipped across international borders must be certified as conflict-free or they may not be sold. The Kimberley Process was established in 2003.
Mentioned in ?
References in periodicals archive ?
At the Brisbane Plenary, India was selected as Chair for the Ad Hoc Committee on Review & Reforms (AHCRR) to reform the process for the Kimberley Process Certification Scheme.
African diamond-producing states met, to discuss what could be done to achieve this protection, in 2000 in Kimberley, South Africa and the Kimberley Process Certification Scheme ("Kimberley Process") eventually came into operation in 2003 with the aim of increasing transparency and oversight in the diamond industry.
Earlier this year, the UAE took over as chair of the Kimberley Process Certification Scheme represented by Dubai Multi Commodities Centre (DMCC), the UAE Ministry of Economy's authority for the Kimberley Process Certification Scheme, and Dubai Diamond Exchange.
To prevent the image of the diamond being forever damaged, the industry created a Kimberley Process Certification Scheme in 2002 which verifies the location that the diamond is sourced from Industry leader De Beers reviewed its supply chain processes and created a Register of Diamonds that each and every De Beers supplier is required to operate with.
3) The Kimberley Process Certification Scheme, implemented in 2003, (4) sought to "eliminate the presence of conflict diamonds in the chain of producing, exporting and importing rough diamonds" within participating countries.
Diamond Centre Wales only sourc-W es diamonds according to the Kimberley Process Certification Scheme which ensures that the stones are "conflict-free".
JOHANNESBURG (CyHAN)- The Kimberley Process concluded its 10th annual Kimberley Process Certification Scheme (KPCS) in Johannesburg, South Africa on Friday where it called for stronger action against the dealing of illegal diamonds.
See generally Kimberley Process Certification Scheme Core
Those participating in the Kimberley Process Certification Scheme plenary meeting at the US State Department must decide on other actions to ensure that legitimate trade in diamonds continues, said Gillian Milovanovic, who represents the United States as the 2012 chair of the process.
In 2003, the Kimberley Process Certification Scheme ("KPCS") entered into force as a novel approach to regulate the diamond industry and combat associated atrocities regarding "conflict diamonds.
For a while the Kimberley Process Certification Scheme (KPCS), which was launched in 2003, appeared to be regulating the international trade in rough diamonds.
The first is the Kimberley Process Certification Scheme (KPCS) and secondly the Diamond Area Community Development Fund (DACDF).