At recently held KP Intersessional, this was attended by over 200 delegates from around the world at Dubai, Ahmed Bin Sulayem, Kimberley Process Chair said, “I am happy to announce that we will host two further workshops on rough diamond valuation during this year. More information about timing and location will be made available in due course.”
De facto the KP Intersessional focused on rough diamond valuation issue. The Special Forum on Rough Diamond Valuation taken place, including Tyler Gillard from the OECD also participated in this important session with diamond players. The KP has previously made attempts to tackle valuation of rough diamonds, where both the Washington Declaration from 2012 and the Moscow Declaration from 2005 provided policy goals and recommendations.
Focusing on Rough Diamond Valuation issue, “I can assure you, would like to enter into dialogue with you, to find and implement business models that will bring your countries the highest possible revenues for your mined diamonds, and at the same time allow for an infrastructure that will ensure profitability for the manufacturers," Maxim Shkadov, President-IDMA stated at37th World Diamond Congress held in Dubai.
Ahmed Bin Sulayem said at the concluding session of the KP Intersessional: “Based on the feedback that I have received from many of you over the past few days, I believe we are now in a position to outline a concrete, actionable plan. In that context, I am happy to announce that we will host two further workshops on rough diamond valuation during this year. More information about timing and location will be made available in due course.
“I will be visiting many of the key diamond centres until we meet again, including Russia, India, CAR, Namibia, South Africa, Zimbabwe, Democratic Republic of Congo and China” Ahmed Bin Sulayem added.