Last Updated : 14 November 2012 at 18:45 IST
Zimbabwe rough diamonds supply may rise on Kimberley certification
Source :Commodity Online
The DMCC Executive Chairman also stated that the DMCC would fully support the efforts to be undertaken by Mr. Eli Izhakoff, President of the World Diamond Council, to engage the United States Treasury and the European Community to lift sanctions on diamonds from Zimbabwe.
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VICTORIA FALLS, ZIMBABWE (Commodity Online): The supply of rough diamonds from Zimbabwe may rise on account of reaffirmation by the Kimberley Process Certification System Chair that the nation is fully KP compliant, according to Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre (DMCC).
Attending the Zimbabwe Diamond Conference 2012, DMCC Executive Chairman said,
"We congratulate the Zimbabwean Ministry of Mines and Development on hosting this most successful event. In addition, we were delighted to see the reaffirmation by the Kimberley Process Certification System Chair that Zimbabwe is fully KP compliant. We sincerely hope this will lead to a continuous increase of supply of Zimbabwean rough diamonds into the industry pipeline," Bin Sulayem said.
The DMCC Executive Chairman also stated that the DMCC would fully support the efforts to be undertaken by Mr. Eli Izhakoff, President of the World Diamond Council, to engage the United States Treasury and the European Community to lift sanctions on diamonds from Zimbabwe.
"I am convinced that for many of the functionaries, industry leaders and other delegates this visit to Zimbabwe was a revelation. The unprecedented openness and the high level of the panel discussions created the perfect environment for all relevant issues to be discussed and examined. I look forward to further events of this quality in the future” he noted.
