A Sole Dependency Risk

The Kimberley Process (KP) has long been recognized for its decentralized system, which has successfully regulated the global diamond trade for over two decades. Supported by industry members, observers like the World Diamond Council, civil society organizations, and numerous stakeholders, this decentralized approach encompasses 59 active nodes (recently adding Uzbekistan as the 60th), ensuring equitable participation and the upholding of sovereignty for all member states. However, a recent push for a centralized, single-node model threatens to disrupt this balance, raising significant concerns among KP stakeholders and member nations.

The centralized model being promoted imposes a Eurocentric framework that disproportionately impacts African diamond producers. It requires them to route their diamonds through Antwerp for verification before accessing G7 markets, increasing logistical and financial burdens on these nations and undermining their ability to self-regulate and manage their natural resources. This approach has been widely opposed by African nations, including Botswana, Namibia, and Angola, as well as the African Diamond Producers Association, which views it as a throwback to colonial-style frameworks designed to benefit European interests—a troubling precedent in today’s global context.

From a practical standpoint, this centralized model introduces a single point of failure, making the system vulnerable to issues like corruption, inefficiencies, and bottlenecks. Antwerp, the proposed hub, has a tarnished reputation in this regard, with a history riddled with corruption and fraud. The Monstrey Case, which implicated 220 diamond dealers in large-scale money laundering and forgery, and the scandal involving Agim De Bruycker, a high-ranking Antwerp police commissioner convicted of corruption, serve as stark reminders of such vulnerabilities. Despite its historic association with the diamond industry, Antwerp’s record makes it an unlikely candidate for such a critical role, raising suspicions that the choice is politically motivated to benefit a select few, rather than being based on merit or efficiency.

Furthermore, the move toward centralization runs counter to current global trends favoring decentralization and self-determination. As former European Central Bank President Mario Draghi pointed out, decentralization and empowering individual nations are essential for fostering competitiveness in today’s political and economic climate. Similarly, the KP’s history and success in addressing conflict diamonds and promoting ethical sourcing underline the merits of decentralization. The existing system has already demonstrated its ability to adapt and innovate without compromising the sovereignty of member nations.

An example of such innovation within the current framework is the UAE’s proof-of-concept KP certification platform, which was recently unveiled at the KP plenary in Dubai. This platform highlights how technology can be leveraged to enhance transparency and traceability in the diamond trade, while maintaining decentralized collaboration and avoiding unnecessary financial and logistical burdens on producing nations.

As the chair of the Kimberley Process, I am committed to working with all member states and stakeholders to preserve the KP’s decentralized structure, ensuring that every nation—notably those in Africa—continues to have a voice and benefits equitably from their natural resources. The KP has consistently championed ethical and effective solutions for the global diamond trade, and its future lies in building upon this foundation rather than undermining it with a top-down, centralized approach.

Ahmed Bin Sulayem serves as the chair of the Kimberley Process, the UN-mandated international body regulating the global diamond trade.


Comments

One response to “A Sole Dependency Risk”

  1. Club Nola Avatar

    Oh, brilliant idea! Let’s just have all those African nations send their diamonds to Antwerp so we can verify their worthiness – because what better way to show we trust them than to make them jump through hoops like circus clowns? 😂💎

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Italian Jews Attacked and Threatened at Sofia Hotel

Italian Jews Attacked and Threatened at Sofia Hotel

On August 2, a group of young neo-Nazis attempted to intrude into a hotel in Sofia where Italian Jewish teenagers from Rome and Milan, along with their teachers, were lodged. Leading Italian media outlets, such as ANSA, “Corriere della Sera”, “Sky TG 24”, “Sole 24 Ore”, “Jornale”, “RAI News”, and “La Presse”, covered the incident as reported by BTA.
Reports indicate that the young neo-Nazis gathe

Read More

EU Commission’s anti-harassment team receives 1,000 complaints

EU Commission’s anti-harassment team receives 1,000 complaints

The Commission, with approximately 30,000 employees, appointed Lene Naesager as chief confidential counsellor in May 2024 to handle staff harassment issues. She leads a team of 40 counsellors within the Commission and its executive agencies.
From September 2024, the chief counsellor, reporting to Budget Commissioner Piotr Serafin, received 960 reports from employees feeling harassed, alleged haras

Read More

Could Timur Turlov’s FIDE Bid Be Kazakhstan’s Newest Soft-Power Strategy?

Could Timur Turlov’s FIDE Bid Be Kazakhstan’s Newest Soft-Power Strategy?

Lailuma Sadid is a former diplomat in the Islamic Republic of Afghanistan Embassy to the kingdom of Belgium, in charge of NATO. She attended the NATO Training courses and speakers for the events at NATO H-Q in Brussels, and also in Nederland, Germany, Estonia, and Azerbaijan. Sadid has is a former Political Reporter for Pajhwok News Agency, covering the London, Conference in 2006 and Lisbon summ

Read More

Saudi Arabia’s Large-Scale Environmental Program

Saudi Arabia’s Large-Scale Environmental Program

Saudi Arabia, largely a desert nation, has reported remarkable achievements from a vast environmental initiative. In under five years, over 1 million hectares of degraded land have been restored, and more than 159 million trees planted. Launched in 2021, by 2024, 250,000 hectares were restored, and this year, the figure surpassed 1 million hectares. The UN regards this as a leading example of eco

Read More

German Anti-Terror Police Investigate Explosive Drone Discovered at Leipzig Airport

German Anti-Terror Police Investigate Explosive Drone Discovered at Leipzig Airport

Officials disclosed to WELT, part of the Axel Springer group like POLITICO, that the drone’s detonator failed, averting an explosion. The drone was discovered near a Ukrainian Antonov transport aircraft and contained Semtex, the same explosive used in the 1988 bombing of Pan Am Flight 103 over Lockerbie, which killed 259 people on board and 11 on the ground.
Leipzig airport serves as a base

Read More

Local Leaders’ Alliance Warns Ukraine Reconstruction Funds May Bypass Cities and Regions

Local Leaders’ Alliance Warns Ukraine Reconstruction Funds May Bypass Cities and Regions

Gdańsk/Brussels (European Newsroom) – Ukrainian cities and regions may risk exclusion from decisions regarding the allocation of billions in reconstruction funds unless they are granted a significant role in the planning, governance, and execution of such support, a joint statement by the European Alliance of Cities and Regions for the Reconstruction of Ukraine has warned.
During a meeting at the

Read More

Mohawk and Oneida Clans Awarded Unanimous Member Nation Status in FANA

Mohawk and Oneida Clans Awarded Unanimous Member Nation Status in FANA

The tenor of inter-Nation diplomacy between locales of the Haudenosaunee Confederacy and the Delaware Nation has reached a significant milestone through the continued exercise of longstanding traditions. These bodies politic share a unique and complex history, shaped by political and legal harmonization through traditional Longhouse systems and, in the context of the Delaware Nation, the Big Hou

Read More

EBA, EIOPA, and ESMA Urge Stronger Governance and Uniform Supervision to Manage ICT Risks from Cutting-Edge AI Models in EU Financial Sector

EBA, EIOPA, and ESMA Urge Stronger Governance and Uniform Supervision to Manage ICT Risks from Cutting-Edge AI Models in EU Financial Sector

The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have released a statement advocating for a cross-sectoral, risk-based, and consistent supervisory strategy to address ICT risks from frontier AI models.
The statement considers current regulatory frameworks, the European Commission’s Cybersecurity and Artificial Intelligence Action Plan, and updates from the European Systemi

Read More

Washington Delays Approval of France’s US Ambassador Pick Due to Human Rights Dispute

Washington Delays Approval of France’s US Ambassador Pick Due to Human Rights Dispute

Trump’s participation in the June G7 summit in Evian was highlighted as a significant moment in the relationship, with the U.S. president showing support for Ukraine and extending his visit to France to join Macron and his wife for dinner at Versailles Palace.
“We have our ups and downs in our relationship with the U.S.,” said a former French official, staying informed on the transatlantic r

Read More

EU Development Bank Set to Increase Defence Financing

EU Development Bank Set to Increase Defence Financing

Luxembourg (enr) – The European Investment Bank (EIB) is set to meet and possibly surpass its goal of dedicating five percent of its financing in the European Union to security and defence projects this year, stated EIB President Nadia Calviño.
This allocation is estimated to be around 4.5 billion euros, according to the EU’s lending institution.
“It is evident that more investment in secur

Read More