The proposed change would expand the scope beyond rough stones that finance wars against governments, and supports the industry’s drive in protecting consumer confidence in diamonds and the value chain, as reflected by the System of Warranties (SoW) reforms recently launched by the WDC.
Specifically, the WDC is advocating for a broadening of the definition of conflict diamonds to address grave and systematic violence.
Resolutions for further improvement of a responsible supply chain and enhanced self-regulation exercise within the WDC SoW Guidelines were passed.
The meeting will focus on reform of the Kimberley Process and WDC System of Warranties in support of a commitment to sustainable development by the diamond industry.
The review period is intended to help industry participants better implement and demonstrate commitment to responsible sourcing when buying or selling rough and polished diamonds.
WDC Acting President Stephane Fischler and Executive Director Marie-Chantal Kaninda made the trip at the invitation of Angolan authorities.
In a speech planned for later today, Stephane Fischler, Acting President of the WDC, is expected to reiterate the need for KP review and reform in the areas of scope of conflict diamonds, KPCS minimum standards, and long term implementation of KPCS directives via a Permanent Secretariat.
The reforms establish a new level of adherence for members and call on users of SoW statements to ensure their trading activities maintain strict adherence of universally accepted principles on human and labor rights, anticorruption and anti-money laundering.
The Executive Director of the Workd Diamond Council (WDC), Marie-Chantal Kaninda, today addressed U.S. State Department officials and civil society members on the topic of responsible diamond sourcing and the Kimberley Process.
The meetings primarily focused on two topics: the support from the DRC in regard to KP reform and establishment of the Permanent Secretariat, and the process of formalization, registration and traceability of the artisanal miners in the DRC.