Home » Legal and Judicial Affairs » EU in Bid to Soil Zimbabwe Diamonds

The European Union, which begrudgingly lifted its illegal sanctions on the Zimbabwe Mining Development Corporation recently, is now on a spirited drive to redefine blood diamonds so that Zimbabwe’s gems fall within that category.

The Kimberley Process Certification Scheme, an international diamond regulatory body, certified Zimbabwe’s diamonds as clean.

Mines and Mining Development Secretary Professor Francis Gudyanga told The Herald on Monday that European countries under the Organisation for Economic Co-operation and Development — also known as the Paris Club — were keen to have Zimbabwe’s gems classified as conflict diamonds.

Prof Gudyanga, who sits on the Dubai Diamond Exchange, said Zimbabwe and other diamond producing countries were going to resist such moves.

He said the issue would come under intense discussion at the DDE meeting in Dubai next week.

“We are going to attend the Dubai Diamond Exchange board meeting on the 8th of April, 2014 where we are going to discuss a counter to the Organisation for Economic Co-operation and Development,” Prof Gudyanga said. “They want to put additional conditions to the KPCS to define conflict diamonds and we are resisting that.”

The European Union lifted sanctions on ZMDC last year following intense pressure from some of its members in the diamond trade.

Zimbabwe subsequently conducted its maiden diamond sale at the Antwerp bourse in Belgium.

The country is now exploring new diamond markets in the Middle East.

Zimbabwe, Prof Gudyanga said, would propose to the DDE board to host a diamond conference here in November.

Source : The Herald

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