CURRENT AFFAIRS

Detailed explanation-1: -India is one of the founder members of Kimberley Process Certification Scheme and is the Chair of Kimberley Process for the year 2019. India had earlier chaired KPCS in the year 2008.

Detailed explanation-2: -The Kimberley Process (KP) is open to all countries that are willing and able to implement its requirements. The KP has 56 participants, representing 82 countries, with the European Union and its Member States counting as a single participant.

Detailed explanation-3: -From 20-24 June 2022, representatives of governments, the diamond industry and civil society meet in Kasane, Botswana for the Kimberley Process (KP) intersessional meeting.

Detailed explanation-4: -The Kimberley Process Certification Scheme (KPCS) imposes extensive requirements on its members to enable them to certify shipments of rough diamonds as ‘conflict-free’ and prevent conflict diamonds from entering the legitimate trade.