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The Kimberley Process, sometimes seen in news is
an international certification scheme that regulates trade in rough diamonds.
a civil nuclear co-operation between India and South Africa.
a process to decompose nuclear waste sustainably
an accounting technique to measure absolute poverty in developing countries.
? The Kimberley Process is an international certification scheme that regulates trade in rough diamonds. It aims to prevent the flow of conflict diamonds, while helping to protect legitimate trade in rough diamonds. The Kimberley Process Certification Scheme (KPCS) outlines the rules that govern the trade in rough diamonds. ? It is a joint Government, International Diamond Industry and Civil Society initiative to stem the flow of Conflict Diamonds. “Conflict Diamonds” means rough diamonds used by rebel movements or their allies to finance conflict aimed at undermining legitimate governments. It is also described in the United Nations Security Council (UNSC) resolutions. The KPCS came to into effect from 1st January, 2003. ? In December, 2017, at the Brisbane Plenary, India was selected as Chair for the Ad Hoc Committee on Review & Reforms (AHCRR) to reform the process for the Kimberley Process Certification Scheme
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