Current Affairs6 Nov, 2026PIBIndia Advances Globa…
EthicsGS 2: GovernanceGS 2: International RelationsGS 3: EconomyPrelims

India Advances Global Diamond Industry Agenda Ahead of Kimberley Process Plenary

India, as Kimberley Process Chair, advances global diamond industry agenda, focusing on responsible sourcing and compliance, ahead of the New Delhi Plenary.

Practice MCQs

840 Students attempted
Attempt Now

Key Highlights:

  • India, as Chair of the Kimberley Process (KP) for 2026, convened a stakeholder consultation in Luanda, Angola, on November 3, 2026.
  • The consultation focused on responsible rough diamond sourcing, institutional governance, compliance, and consumer confidence.
  • This engagement precedes the KP Plenary to be hosted by India in New Delhi from November 30 to December 4, 2026.
  • India's KP Chairship theme emphasizes "Confidence, Compliance and Credibility."
  • A Memorandum of Understanding (MoU) was approved between India's Gem & Jewellery Export Promotion Council (GJEPC) and the African Diamond Producers’ Association (ADPA).

Detailed Insights:

  • The Luanda consultation involved KP Working Bodies, Ghana (KP Vice-Chair), UAE (former KP Chair), and observer organizations like the World Diamond Council.
  • Discussions covered sustainability of diamond-producing countries, funding for the KP Secretariat, digitalization of certification, and strengthening compliance.
  • Participants also exchanged views on reforming the conflict diamond definition, responsible sourcing, and artisanal and alluvial diamond production.
  • India holds Observer status in ADPA, facilitating cooperation in securing rough diamond supply chains and technical knowledge exchange.
  • The ADPA celebrated its 20th anniversary, with India participating and emphasizing partnerships for the natural diamond sector's long-term sustainability.
  • The MoU between GJEPC and ADPA aims to strengthen cooperation in capacity building, skills development, technical expertise exchange, and trade promotion.
  • India will host the KP Plenary for the third time, having previously chaired in 2008 and 2019.

Key Concepts Involved:

  • Kimberley Process (KP): An international certification scheme established to prevent conflict diamonds from entering the legitimate rough diamond trade.
  • Conflict Diamonds: Rough diamonds used by rebel movements to finance wars against legitimate governments.
  • African Diamond Producers’ Association (ADPA): An intergovernmental organization promoting cooperation among African diamond-producing nations.
  • Gem & Jewellery Export Promotion Council (GJEPC): An organization promoting India's gem and jewellery industry, sponsored by the Ministry of Commerce & Industry.
SuperKalam
SuperKalam is your personal mentor for UPSC preparation, guiding you at every step of the exam journey.

Download the App

Get it on Google PlayDownload on the App Store
Follow us

ⓒ Snapstack Technologies Private Limited