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India to Chair Kimberley Process Certification Scheme
December 5 , 2018
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- India will Chair Kimberley Process Certification Scheme (KPCS) from 1st January 2019.
- It was handed Chairmanship by the European Union during KPCS Plenary 2018, which was held in Brussels, Belgium.
Kimberley Process
- It is a joint initiative of governments, industry and civil societies to stem flow of ‘conflict diamonds’, rough diamonds used by rebel groups to finance wars against legitimate governments.
- The KPCS completely bans import and export of rough diamonds without certification.
- KPCS came into effect from 1 January, 2003 through UN General Assembly (UNGA) Resolution.
- India is one of the founding members of KPCS.
- In India, the scheme is administered through Department of Commerce under aegis of the Union Commerce and Industry Ministry.
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