WDC president discusses Kimberley Process in Dubai

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World Diamond Council president Edward Asscher spoke of the need for a ‘level playing field’ of Kimberley Process rules during an address at the Dubai Diamond Conference last week.

In his speech, Asscher explained the ‘tri-partite’ composition of the Kimberley Process (KP), whose members and observers include the governments and agencies of diamond producing and trading countries, representatives of NGO’s, collectively known as the ‘Civil Society Coalition’, and the WDC, which is representative of all sectors of the diamond industry.

He also stated that the industry could be proud that “the largest majority of diamond companies are totally compliant and transparent.”

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Asscher also spoke of the challenges to the Kimberley Process Certification Scheme, including the need to focus on a ‘level playing field’ of KP rules and procedures in order to avoid diamonds entering the market through the weakest link in the diamond pipeline.

The tasks of the KP are accomplished through the work of the various KP committees, including the Working Group on Monitoring, the Working Group on Statistics, and the Working Group of Diamond Experts. The WDC has representation on all committees of the KP.

In conclusion, Mr. Asscher said: “The industry is in good shape and we can be proud of it and its participants. There are a few exceptions and as an industry we should purge those who tarnish our image. But those are the exceptions in an otherwise fantastic industry with a brilliant future.”
Asscher was the opening session speaker at the event, which was held from April 21 to 22 at the Jumeirah Lakes Towers in Dubai.

The list of speakers included the former president of the European Union, Herman Van Rompuy and the Kimberley Process 2015 chairman, Bernardo Campos of Angola.

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