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

‘A Deal is a Deal’: Von der Leyen Responds to Trump’s Auto Tariff Threat

‘A Deal is a Deal’: Von der Leyen Responds to Trump’s Auto Tariff Threat

Belgium’s federal government has approved a ban on flavored vapes, allowing only tobacco-flavored and unflavored e-cigarettes from September 2028. Health Minister Frank…

Read More

Iran Increases Naval Activity Amid Rising Tensions in Persian Gulf

Iran Increases Naval Activity Amid Rising Tensions in Persian Gulf

Iran naval operations Gulf — Persian Gulf, May 5, 2026 — Eurotoday Newspaper — tensions escalated sharply as Iran expanded its naval activities across critical waterways, coinciding with increased U.S. military positioning in the region. The developments underscore a rapidly intensifying geopolitical situation centered on control of vital maritime routes that sustain global energy supply chains.
T

Read More

Keir’s Rivals in Disarray

Keir’s Rivals in Disarray

With just days until the local and national elections, Labour faces challenges from both the left and right of British politics, amid bleak polling forecasts. As Middle Eastern instability grows, Keir Starmer plans a summit to address antisemitism, but will Labour’s strong critique of the Greens, including accusations of antisemitic comments by their candidates, resonate with voters? Meanwhi

Read More

OpenAI Co-Founder’s $30 Billion Stake Raises Transparency Concerns in San Francisco

OpenAI Co-Founder’s $30 Billion Stake Raises Transparency Concerns in San Francisco

OpenAI co-founder stake — San Francisco, May 5, 2026 — Eurotoday Newspaper — a significant financial disclosure has triggered widespread attention after an OpenAI co-founder revealed a personal stake valued at nearly $30 billion, alongside financial ties linked to Sam Altman. The announcement is reshaping conversations around corporate governance, transparency, and leadership accountability in one

Read More

Keir Starmer Prepares for a Grueling Week

Keir Starmer Prepares for a Grueling Week

If Labour performs as poorly as expected — and the SNP regains power, despite a prolonged financial investigation and two changes of first minister since 2023 — Starmer will face significant scrutiny for failing to capitalize on the 2024 success.
Sarwar has already urged Starmer to step down. He made this appeal in February, seeking to mitigate the damage in Scotland by bringing in a new PM in Wes

Read More

Mali Conflict Update: Attacks Intensify Across Sahel Region, Bamako 2026

Mali Conflict Update: Attacks Intensify Across Sahel Region, Bamako 2026

Bamako – May 1, 2026 — Eurotoday Newspaper – Mali conflict latest updates indicate a sharp escalation in militant activity, with coordinated attacks and expanding influence across large parts of West Africa. The surge in violence reflects a deteriorating security environment in the Sahel region, where armed groups continue to exploit weak governance, porous borders, and limited state control.
The

Read More

Rubio to meet with Pope Leo, Meloni, and Italian ministers in Rome

Rubio to meet with Pope Leo, Meloni, and Italian ministers in Rome

He will also meet with Italian government counterparts, expected to include Italy’s Foreign Minister Antonio Tajani and Defense Minister Guido Crosetto, in an attempt to advance bilateral relations and align on global challenges, according to a U.S. official statement.
Rubio previously met Leo alongside Vice President JD Vance in May 2025 following the pope’s inaugural Mass in St. Peter’s Square.

Read More

Germany Urges Europe to Learn from Ukraine’s Drone Warfare Successes

Germany Urges Europe to Learn from Ukraine’s Drone Warfare Successes

Wadephul isn’t the only one advocating for increased investment in advanced drones like those developed by Ukraine. Last week, during a major military exercise in Champagne, French President Emmanuel Macron also highlighted the significance of drone technology for national defense.
Drones, as demonstrated by Ukraine, can be produced swiftly and are effective against more costly technologies.

Read More

UK Mortgage Rates Update: Borrowing Costs Shift as Housing Demand Sustains London 2026

UK Mortgage Rates Update: Borrowing Costs Shift as Housing Demand Sustains London 2026

London – May 1, 2026 — Eurotoday Newspaper – UK mortgage rates update indicates a period of shifting borrowing costs as the housing market continues to show resilience despite global economic headwinds linked to geopolitical tensions. The latest developments suggest that while rates remain elevated compared to previous years, stability in lending conditions is helping sustain buyer activity acros

Read More

EU Commission Blocks Funding for Huawei Solar Technology

EU Commission Blocks Funding for Huawei Solar Technology

Inverters convert the electricity from solar panels into a current that integrates with the grid, with Huawei being a market leader in this technology.
The EU has been concerned about Huawei and ZTE’s roles in 5G networks and is urging EU members to remove them from telecom networks, aiming to make this move mandatory.
Concerns have recently arisen regarding Huawei’s dominance in the s

Read More