Summary
This draft report concerns a proposal to update and consolidate the regulations governing the Kimberley Process certification scheme. The goal is to maintain effective controls on the international trade in rough diamonds. 10 06.11.2024
Other
trade
human rights
international relations
business and competition
Key points
- The legislative process utilizes a recast technique to consolidate existing diamond trade regulations.
- Strengthening the Kimberley Process certification scheme for the international trade of rough diamonds.
- Ensuring that the diamond supply chain is protected against the entry of conflict diamonds used to fund armed groups.
- Streamlining legal texts by merging previous provisions with new updates into a single, coherent regulation.
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