A proposed tracing mechanism will hurt the continent’s producers, according to the multilateral body Kimberley Process The Group of Seven (G7) nations’ plan to track and trace Russian diamonds will bring “irreparable harm” to African producers, according to Ahmed bin Sulayem, who heads up the multilateral regulatory body Kimberley Process, the Financial Times has reported. The Kimberley Process is a global trade regime established two decades ago with the aim of increasing transparency and oversight in the diamond supply chain and eliminating trade in conflict diamonds. Meanwhile, bin Sulayem, who was elected this
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