The campaign to halt conflict diamonds has largely succeeded, although the phenomenon continues in Côte d’Ivoire, seemingly beyond the ingenuity and the powers of the 75 governments represent- ed in the Kimberley Process (KP) and the world’s entire diamond industry. [...] This information makes it possible to track the value paid for diamonds as they leave the DRC for Dubai, and the price (and thus the mark-up) on those diamonds as they exit Dubai en route to their next buyer, typically in Belgium.4 The exporter hurriedly shoved the bills in his A government agency, the CEEC’s role is to value every parcel of dia- pocket, and the two parties tried to monds exported [...] The assessed value starts at US$23.43 in the year the independent valuer began, climbs 15% to US$26.99 the year the valuer’s contract was ter- minated, and falls precipitously thereafter, to US$21.83, nearly 7% below the 2003 starting point, and a full 20% below the peak achieved under the independent valuer. [...] While the printing glitch is likely surmountable, the pro- The Ministry of Mines, however, creates the impression of a bureaucracy gram itself seems to have been in trouble from the start. [...] The 2005 Kimberley Process Review Team made the following recom- mendations: The two crossed the bridge and continued to the village of Pone about 1. Angola should submit to the Kimberley Process a comprehensive two kilometres away, where they stopped to await their companion.
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- ISBN
- 9781897320051
- Pages
- 24
- Published in
- Canada