India is hosting its first conference on the Kimberley Process Certification Scheme, supported by the Gem and Jewellery Export Promotion Council. The process has 55 members representing 82 countries. At the four-day meeting, India Kimberley Process Chair Alok Vardhan Chaturvedi spoke of the “4Cs” of the diamond trade becoming the “5Cs”, namely cut, clarity, colour, carat and now conflict-free. Due to recent controls, today only 2% of the world's diamonds are conflict-free, he said, adding that India is committed to further strengthening the scheme.
India is hosting its first conference on the Kimberley Process Certification Scheme, supported by the Gem and Jewellery Export Promotion Council. The process has 55 members representing 82 countries. At the four-day meeting, India Kimberley Process Chair Alok Vardhan Chaturvedi spoke of the “4Cs” of the diamond trade becoming the “5Cs”, namely cut, clarity, colour, carat and now conflict-free. Due to recent controls, today 98% of the world's diamonds are conflict-free, he said, adding that India is committed to further strengthening the scheme.