Posted on July 15, 2010
World Diamond Council president Eli Izhakoff stressed in a speech to the 7th Annual Meeting of the World Diamond Council in St. Petersburg, Russia that the Kimberley Process coalition of government, business and civil society remains critical for the future of the entire diamond industry and trade
Izhakoff said there needs to be a balance between “the need of the citizens in the affected country to benefit from the revenues generated by their diamond deposits; the need of jewelry consumers to feel that the products they buy are not tainted by human suffering; and the need of the diamond industry to go about its business in an economic fashion.”
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Comments
Indeed a good talk by WDC
by mafaraezekiel - 2010-07-15 11:23
Indeed a good talk by WDC president Eli Izhakoff. I am sure the majority of Zimbabweans are anxiously waiting to see this talk molding into action, and I suppose so are many diamond manufacturers. Hopefully colleagues in the civil society and previously opposing governments in KP will view this from the same angle. Let reason and not emotions rule.It should be a disgrace if KP
by Anonymous - 2010-07-15 11:42
It should be a disgrace if KP fails to adress blood diamonds and prop up illegitimate regimes and dictatorships. KP will then fail dismally.
Let us be unemotional - why jeopardize everything by bending backwards to appease one very old dictator - madness ! After all these stone are overabundant and should actually be worthless - artificially highly priced - maybe the same applies to KP - artificially overrated !