DTC Arrangemnet Remains In Force - DeBeers

Last week Indian press ran articles which said India was to sign an agreement with Botswana to buy rough diamonds for its cutting and polishing industry instead of using De Beers as middleman.

Indian website LiveMint said an agreement was expected to be inked during the current visit of India's vice-president Hamid Ansari to Botswana which started on Saturday and ends Today.In a statement De Beers said as shareholders of Debswana, De Beers and the Government of Botswana have a long term commitment to sell all the company's production to DTC Botswana.