India Hosts Kimberley Process Intersessional Meeting 2019
The Intersessional meeting of Kimberley Process (KP) 2019 is being hosted by India in the city of Mumbai. India is also the chair for the and Russia is the vice chair.
Kimberley Process is a joint initiative of Governments along with the international diamond industry and civil society to arrest the flow of Conflict Diamonds. Conflict Diamonds means rough diamonds used by rebel movements or their allies to finance conflict aimed at undermining legitimate governments. India was the founding member of the initiative.
Arresting Conflict Diamonds
Kimberley Process was established in 2003. Through the Kimberley Process Certification Scheme (KPCS) the participating nations implement safeguards on shipments of rough diamonds and certify them as conflict free”.
Under KPCS, each shipment of rough diamonds (exported or imported) by crossing an international border is transported in a tamper-proof container which is accompanied by a validated Kimberley Process Certificate. The shipment can only be exported to a co-participant country in the KPCS. The uncertified shipments of rough diamonds are not allowed to enter a participant country.
Category: Government Schemes Current Affairs
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