WORLD DIAMOND COUNCIL (WDC)

Oct. 20, 2018

The World Diamond Council (WDC) will hold its 14th annual general meeting (AGM) in Mumbai on October 22 -23, 2018.

About:

  • Members: The World Diamond Council is an organization representing the entire diamond value chain including representatives from diamond mining, manufacturing, trading and retail.

  • Established in:

  • Mandate: To put forth strategies to combat the use of diamond proceeds being used to benefit rebel forces engaged in conflict.

  • HQ: New York, USA.

October 2018 meeting:

  • The meeting will focus on reform of the Kimberley Process (established in 2000 to prevent ‘conflict diamonds’ from entering the mainstream rough diamond market).

  • The meeting will be hosted by The Gems and Jewellery Export Promotion Council.

Source : The Hindu