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Europe Daily Bulletin No. 8273

9 August 2002
(eu) eu/diamonds
Proposal to put into place principle of certification against trade in "conflict diamonds" - The regulation will only be applied if Member States do likewise

Brussels, 08/08/2002 (Agence Europe) - On Thursday, the European Commission adopted a draft proposal for implementing a certification system for rough diamonds. All participants of the "Kimberly Process" adopted the decision in an effort to put an end to the trade in "conflict diamonds". The trade in rough diamonds will only be authorised in countries that participate in the Kimberley Process and which can display a certificate of the diamond' origin. "Consignment of rough diamonds can only...