Kimberley Process Suspends Central African Republic

140 95 Rapaport News

RAPAPORT… The Kimberley Process suspended the Central African Republic (CAR) from exporting certified rough diamonds, effective immediately. The move was largely expected and follows a rebel coalition takeover of the government in March.

The rebel group, known as Seleka, is suspected of using diamonds to fund illegal  activities including arms sales and human rights abuses. A diplomatic note sent to 80 Kimberley Process member states, and signed by the current chair, Welile Nhlapo, stated that certified diamond trading with the impoverished and coup-prone central African nation is over.

Nhlapo recently noted at a World Diamond Council meeting (WDC) that diamond monitoring and controls in  CAR had broken down since President Francois Bozize was removed from power.

Diamonds are known to be a main source of income for the CAR government.


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