World Diamond Congress Praises U.N. Resolution

December 7, 2000

World Diamond Congress Praises U.N. Resolution

The World Diamond Congress praised the passage of the Dec. 1, United Nations General Assembly resolution on conflict diamonds. "It demonstrates the broad consensus to take comprehensive, effective action in a spirit of cooperation among all interested nations – those in which diamonds are mined, processed and sold," says WDC chairman Eli Izhakoff. "The agreement to move forward also underscores that a united front has been established between the nations and all segments of our industry." The resolution backs a certification regime that tracks legitimate diamonds from the mining source through to the processing, marketing and distribution stages.

"While all parties of goodwill can be proud of the progress made, we realize there is more to be done," says Izhakoff. For now, members of all involved countries are preparing to meet in Namibia in January to hammer out technical issues concerning implementing of a tracking program. Among the issues are the development of tamper-proof containers, counterfeit-proof warranties and electronic record-keeping. Meanwhile, in the U.S., WDC has commissioned a Washington, DC law firm to draft model legislation which could be used by all involved countries. The model legislation is expected to be presented Jan.1.

- by Robert Weldon, G.G.