Dubai Steps To Strengthen KP

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(Rapaport…August 18, 2004) Dubai has issued a federal ordinance to strengthen implementation of the Kimberly Process and monitor imports and exports of rough and polished diamonds in the United Arab Emirates, the Khaleej Times reported on August 17.

Accordingly, the Ministry of Economy and Commerce will uphold various obligations including the implementation of the new KP list. The Ministry will also look into collection and categorization of the UAE statistics concerning import of diamonds as well as outline the rules and regulations for import of diamonds and obtaining of the KP certificate.

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