The 3rd Annual Meeting of the World Diamond Council convened March 29-31, 2004 in Dubai, United Arab Emirates. The meeting, bringing together more than 100 leaders from the diamond and jewelry industry worldwide, governments and civil society, was organized under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and U.A.E Minister of Defense and was hosted by the Dubai Metals & Commodities Centre (DMCC).
In convening the gathering, WDC Chairman and CEO Eli Izhakoff set the tone for the two-day meeting by noting that through industry unity much has already been achieved, yet, at the same time, on many fronts much more work remains to be done.
Among the many key figures addressing the group, were Nicky Oppenheimer, Chairman of the De Beers Group; Tim Martin, Chairman of the Kimberley Process; Viatcheslav Shtyrov, President of the Sakha Republic (Yakutia) and Vice Chairman of the Kimberley Process; Abbey Chikane, immediate Past Chair of the Kimberley Process and officials from the US Department of Treasury.
One theme of the meeting was “achievements to date.” Speaker after speaker noted contributions of the WDC on the industry’s behalf in developing and assisting with the implementation of the Kimberley Process Certification Scheme (KPCS), fully operational in September 2003. At the same time discussion usefully pointed out further work to be concluded at the World Diamond Council Annual Meeting in Sicily in 2005, and reaffirmed the commitment to end the conflict diamond trade.