GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

The KP Chair recognises PAC report on conflict diamonds

07 december 2016
The report from Partnership Africa Canada (PAC) detailing the entry of conflict diamonds from the Central African Republic (CAR) via international markets into Cameroon, has been acknowledged by the UAE KP Chair, Ahmed Bin Sulayem, who while recognising the findings has reiterated calls for more dedicated resources to look into and address these types of issues, according to a statement released by the organisation.
“We endorse the need for an ‘on-the-ground’ approach in countries which have been subject to sanctions,” said Bin Sulayem. “As a result, this should not be limited to the area of generic policy-setting, but rather, there needs to be concrete push towards establishing workable structures through which issues can be managed in a sustainable way, such that it allows people in sanctioned countries to continue to make a living without not having to engage in illicit trade to survive.” ‎
“As the PAC study correctly notes, the actual rough diamond production of Cameroon is extremely small. The larger picture is, of course, the illicit trade coming from CAR. In particular, when we consider that 1 out of 4 people in CAR live directly or indirectly from mining diamonds, we must ensure that we are not inhibiting or starving a population by making rules, procedures and guidelines that will prevent them entirely from being economically active,“ he added.
The KP Chair confirmed full agreement with the PAC study recommendation to the Governments of CAR and Cameroon to revoke the trading licenses of individuals and companies that engage in any illicit trade; to make sure that the channels of authorised exports from compliant Zones are used to bring the CAR back to normalization; and to hold to account those who, until now, have been able to operate without impunity.
Bin Sulayem concluded: “As KP Chair, we hope that the first steps towards the implementation of this KP Permanent Secretariat can be carried out under our successor, Australia, and we continue to look forward to being actively engaged in this process and pledge to support in any way we can within our mandate.”

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished