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India to assume prestigious Chairpersonship of Kimberly Process from Jan 1 2026
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....ndia to assume prestigious Chairpersonship of Kimberly Process from Jan 1 2026<BR>News and Press Release<BR>Dated:- 26-12-2025<BR><BR>Initiative involves governments, international diamond industry, and civil society to prevent trade in "conflict diamonds" The Kimberley Process (KP) Plenary has selected India to assume the chairpersonship of the Kimberley Process from 1 January 2026. The Kimberle....
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....y Process is a tripartite initiative involving governments, the international diamond industry and civil society, aimed at preventing the trade in "conflict diamonds"-rough diamonds used by rebel groups or their allies to finance conflicts that undermine legitimate governments, as defined in United Nations Security Council resolutions. India will take over as KP Vice Chair from 25 December 2025, ....
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....before assuming the chairpersonship in the new year. This will be the third time India has been entrusted with the chair of the Kimberley Process. Welcoming the decision, Minister of Commerce and Industry, Shri Piyush Goyal, said that India's selection reflects global trust in the Modi government's commitment to promoting integrity and transparency in international trade. The Kimberley Process C....
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....ertification Scheme (KPCS), established pursuant to a UN resolution, came into effect on 1 January 2003 and has since evolved into an effective mechanism for curbing the trade in conflict diamonds. The Kimberley Process currently has 60 participants, with the European Union and its Member States counted as a single participant. Together, KP participants account for over 99 per cent of global rough....
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.... diamond trade, making it the most comprehensive international mechanism governing this sector. As a leading global hub for diamond manufacturing and trade, India's leadership comes at a time of shifting geopolitics and growing emphasis on sustainable and responsible sourcing. During its tenure, India will focus on strengthening governance and compliance, advancing digital certification and trace....
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....ability, enhancing transparency through data-driven monitoring, and building consumer trust in conflict-free diamonds. As Vice Chair in 2025 and Chair in 2026, India will work closely with all participants and observers to reinforce confidence in the Kimberley Process, ensure rule-based compliance, and enhance its credibility, in line with its core objectives and evolving global expectations, whi....
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....le working towards making the KP a more inclusive and effective multilateral framework.<BR> News - Press release - PIB....