RapNet


Rapaport News

 

Rough Markets

 
Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

EU Eyes 2018 Kimberley Process Chairmanship

May 30, 2016 3:26 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... The European Union (EU) is bidding for the role of Kimberley Process vice chair in 2017, meaning it would assume chairmanship of the organization the following year.

In a joint proposal made at the KP intersessional meeting in Dubai last week, India would serve as vice chair under the EU in 2018 and take on the role of chairman in 2019, India’s Ministry of Commerce & Industry said. The position is currently held by the United Arab Emirates (UAE) with Australia its vice chair and next year’s chair.

The cooperation would “avoid situations of conflict and provide stability to the KP in the next crucial years to come,” said Tung-Lai Margue, head of the EU’s delegation to the KP.

As heads of the KP, the EU and India would aim to enhance cooperation with the United Nations (UN) and international financial institutions, Margue proposed. They would also explore how the KP can help implement the UN’s sustainable development goals and renew and reinforce engagement with industry and civil society.

Under the KP chairmanship system, one nation or delegation assumes the vice-chairmanship for a year before automatically stepping up to chair for a further 12 months. The European Union was last chair in 2007 with vice-chair India taking over the following year.
Tags: Australia, Dubai, EU, European Union, India, Kimberley Process, KP, Rapaport News, Tung-Lai Margue, uae
Similar Articles
De BeersDe Beers Sales Rise to Nine-Month High
Jan 29, 2020
De Beers’ January rough-diamond sales reached their highest level since...
WDC Welcomes New Executive Director
De Beers Plans Overhaul of Supply Policy



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us