WDC President Urges Governments to Support KP Reforms

By IDEX Online Staff Reporter / November 19, 2019 / www.idexonline.com / Article Link

(IDEX Online) - Stephane Fischler, President of the World Diamond Council (WDC), told government representatives at the 2019 Kimberley Process (KP) Plenary Meeting that the future of the process depends on them.

During the address at the start of the Plenary Meeting in New Delhi, India, Fischer said that with the end of a three-year reform and review cycle, governments hold the future of the KP in their hands.

"Lives and livelihoods of individuals who rely on the work that we do together will be impacted by both your actions and inaction," he said.

"The WDC has been candid in what we would like to see happen, and it is that the conflict diamonds definition should incorporate all of the most severe instances of violence, whether they be carried out by rebel forces, private or state-run security forces, or criminal elements." 

He also said that it was in the collective interest of all participants in the KP that all KP certified rough diamonds meet the standards and expectations of the market.

"Within our area of influence we have a duty to care, and to consider long-term solutions that will protect our most vulnerable stakeholders. This is what we need to do together in New Delhi."

In 2018, the WDC Board of Directors approved a new System of Warranties, which exceeds the scope of the KP in its inclusion of universally accepted principles on human and labour rights, AML and anti corruption.

Recent News

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com

Gold stocks down even as metal price rises

August 04, 2025 / www.canadianminingreport.com

Copper market distortions driven by new US tariff policies

July 28, 2025 / www.canadianminingreport.com

Gold stocks up even as metal pulls back

July 28, 2025 / www.canadianminingreport.com

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok