U.S. Has New Agency to Issue Kimberley Certificates
DMIA forms a separate entity that will work closely with the U.S.
The Diamond Manufacturers & Importers Association of America formed the Rough Diamond Export Mechanism Ltd. in December. Its charged with fulfilling the U.S. diamond industrys commitment to implementing the Kimberley Process, an international certification system for rough diamonds. RDEMs creation resulted from close cooperation with U.S. government agencies and industry shipping companies involved in exporting rough diamonds from the U.S.
RDEM is the issuing authority for Kimberley certificates for exports of rough diamonds from the U.S. Under the terms of the Kimberley process, the U.S. now requires these certificates. RDEM entered into licensing agreements with major freight forwarders serving the diamond industry. The licensees were then authorized to issue Kimberley Certificates to their customers upon receipt of properly completed application forms.
RDEM requires certificates be issued consistent with U.S. Transportation Security Administration procedures and to have validating numbers from the Automated Export System of the U.S. Census Bureau. RDEM also serves as the first point of contact for authorized inquiries about Kimberley Process procedures regarding rough diamond exports. It also is an assurance to all stakeholders that the system is fully functional and transparent.
The creation of RDEM represents the product of an ongoing effort by the entire diamond industry to fulfill a moral obligation to end the trade in conflict diamonds and is consistent with the U.S. governments commitment to the implementation of Kimberley, says Cecilia Gardner, executive director and general counsel of the Jewelers Vigilance Committee, who provided legal assistance to DMIA.
RDEM was designed to ensure compliance with our Kimberley Process obligations with the intention of making compliance credible and practical, says DMIA President Leon Cohen. DMIA has played an active role in the development of the Kimberley Process and in bringing industry support to its implementation.
||Rough diamonds will be vetted conflict-free by the Rough Diamond Export Mechanism, charged with fulfilling the requirements of the Kimberley Process. Rough diamonds are courtesy of Leo Schachter Diamonds, New York City.
Photo by Robert Weldon.