Antwerp U-turns on diamond single node

Talks continuing: Negotiations are proceeding within the G7 ahead of the September start-date for the single node PIC: SHUTTERSTOCK
Talks continuing: Negotiations are proceeding within the G7 ahead of the September start-date for the single node PIC: SHUTTERSTOCK

The stand-off between the G7 and African diamond producing nations over the selection of Belgium as a single node for certification of diamonds, is closer to resolution after Antwerp called for more verification points outside the G7.

In a statement yesterday, the Antwerp World Diamond Council (AWDC) which is acting as the G7’s industry representative and expert, said a workable traceability system was important for all parties. The Council said it was critical that the trade of non-sanctioned diamonds is not disrupted.

“At this moment in time, conversations on G7 and EU level, with AWDC acting as industry representative and expert, about the further implementation of the G7 measures are continuing,” the statement reads. “During these conversations, as AWDC, we are pro-actively advocating for the implementation of one or more additional rough verification points outside the G7. “We believe this is a necessary step in the further development towards a control system that meets the interest of all stakeholders involved, in particular those of African producing countries.”


Editor's Comment
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

Have a Story? Send Us a tip
arrow up