September 15, 2000
Following the World Diamond Council's recent adoption of nine-point plan to end the sale of conflict diamonds, Matthew A. Runci of Jewelers of America, chairman of the WDC's U.S. Legislative Committee, will appear before a congressional subcommittee hearing to inform legislators of the plan.
The council was formed in July at the World Diamond Congress as a joint effort between the World Federation of Diamond Bourses and the International Diamond Manufacturers Association to address the burning issue of conflict diamonds It has received financial backing of almost $1 million from rough producers, including De Beers.
De Beers Managing Director Gary Ralfe stated: "There can be no doubt, of course, that the council has to be a success. Following the important resolutions passed in Antwerp in July, the eyes of the world remain on the diamond business. The United Nations, individual governments, the NGOs (non-government organizations) and the media will all be watching to see that those resolutions are implemented effectively. The World Diamond Council is key to that process, and all of us in the diamond industry must give the WDC our full support and invest it with real authority."
Explaining Conflict Diamonds to the consumer
Jewelers of America (JA) has developed a three-part program for its members to enable them to respond confidently to consumer questions about conflict diamonds. The components are:
Gemological Institute of America President William E. Boyajian also testified this week at a hearing on trade in African diamonds called by the U.S. House of Representatives Ways and Means Subcommittee on Trade. He was invited to testify by Illinois Congressman Philip M.Crane, chairman of the subcommittee, which is part of the Ways and Means Committee. A subcommittee announcement said the hearing will focus on evaluating "options available that are administrable and WTO- consistent and will effectively curtail conflict diamond trade without impacting legitimate diamond trade."
It further noted that the subcommittee is interested in testimony on approaches to this issue, including technology that could determine the country of origin of a cut and polished diamond.
Boyajian has just returned from addressing the World Diamond Council meeting in Tel Aviv, where he reaffirmed GIA's position that "It is in the long-term best interest of the trade and the public that the exploitation of diamond resources to fuel civil war and civil conflict in African countries be halted immediately."
He also told the council that "based upon all of our current knowledge, and that which we have been able to glean from the literature of other noted experts, we do not believe that scientific and practical means exist today for determining the country of origin of rough and polished diamonds, although means may be developed over time to make such determinations on some percentage of rough stones." (GPF note - see the Global Witness report on this issue, which shows evidence that this is possible)