Fifth intersessional meeting of Kimberley Process from todayJune 17th, 2008 - 8:41 am ICT by ANI
New Delhi, June 17 (ANI): India will host the fifth intersessional meeting of the Kimberley Process here from today.
G.K. Pillai, Commerce Secretary, will address at the opening session.
The Kimberley Process Certification Scheme (KPCS) is an international certification scheme that regulates trade in rough diamonds. It aims to prevent the flow of conflict diamonds, while helping to protect legitimate trade in rough diamonds.
Delegates from about 35 countries will attend the intersessional meeting and will participate in the various joint sessions to take stock of the progress made in implementation of KPCS. They will also discuss ways to strengthen the Scheme.
India is sixth in succession to hold the Chair of KPCS after South Africa, Canada, Russian Federation, Botswana and European Commission.
All the working groups of KPCS meet at the intersessional meeting to take a half-yearly stock of the implementation of the scheme and for planning for the year ahead.
The intersessional is structured around working group meetings and does the background work for the decisions to be taken in the plenary.
In January, India assumed the chair of the KPCS for the period January 1 to December 31. In November 2006, during the plenary of KPCS in Botswana, India was unanimously selected to hold the vice chair of the scheme for 2007 and therefore, chair of the scheme for 2008. Namibia is the vice chair for 2008.
Under the aegis of United Nations, KPCS is a joint Government, industry and civil society initiative to stem the flow of conflict diamonds rough diamonds used by rebel movements to finance wars against legitimate governments.
KPCS imposes extensive requirements on its members to enable them to certify shipments of rough diamonds as conflict-free.
As of June 2008, KPCS has 48 members, representing 74 countries (with the European community and its member states counted as an individual participant).
Kimberley Process Certification Scheme was adopted in a ministerial meeting held at Interlaken, Switzerland, on November 5, 2002.
India is a signatory to the Interlaken Declaration and is a founder member of KPCS. (ANI)
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