World Federation of Diamond
Bourses president Avi Paz advised every diamond bourse to hold a meeting to
discuss reputational issues.
Paz suggested bourse management prepare presentations in their
native language on the Kimberley Process Certification Process (KPCS), the
absolute ban on conflict diamonds as expressed in the rules and regulation of
the WFDB, and a quick refresher on the rules and regulations of diamond imports
and exports in each country.
“I would ask you not to put this off too long,”
Paz said in a letter to members. “We have to uphold our commitment to
assure that no diamonds originating in conflict regions enter the trade.”