DiamondBuzz
GJEPC addresses key India challenges at IDMA’s 23rd Presidents’ Meeting in New York
Anoop Mehta, Co Convener, Diamond Panel Committee and in the capacity of being the representative of GJEPC at IDMA delivered a compelling address at the International Diamond Manufacturers Association’s (IDMA) 23rd Presidents’ Meeting in New York. Also present at the event was Sabyasachi Ray, Executive Director, GJEPC, reaffirming the Council’s commitment to addressing industry concerns and strengthening global partnerships.
A key concern is the impact of the G7 sanctions on Russian diamonds. Mehta acknowledged India’s commitment to ethical sourcing but warned that the sudden reduction in Russian rough supply-down by 37%-poses significant challenges. The sanctions could destabilise not only India’s diamond industry but also the global pipeline, with small workshops particularly vulnerable to rising traceability costs.
Mehta’s speech underscored the challenges and opportunities facing India’s diamond industry. highlighting the sector’s resilience amid global disruptions. He revealed that India’s rough diamond ports declined by 18% in volume and 34% in value e the past two years, while polished exports fell.
Ghana, represented by the Ghana Gold Board (GoldBod), has been appointed Vice Chair of the Kimberley Process (KP) for 2026 and is set to assume the Chairmanship in 2027. This landmark appointment, announced at the 2025 Kimberley Process Plenary in Dubai, marks the first time a West African nation will lead the global diamond certification initiative since its inception in 2003.
Despite being one of the world’s smaller diamond producers, Ghana’s strong commitment to responsible mineral governance, transparency reforms, and technical expertise in gold and diamond management garnered widespread confidence among KP members. The appointment followed intense deliberations among governments, industry stakeholders, and civil society, underscoring Ghana’s readiness to steer the KP’s efforts in combating conflict diamonds and enhancing sustainable practices worldwide.
As Chair, Ghana will oversee the implementation of the Kimberley Process Certification Scheme (KPCS), coordinate working groups and committees, and guide policy decisions to ensure the integrity of the global diamond supply chain. Ghana Gold Board CEO Sammy Gyamfi emphasized that this esteemed role entails a significant responsibility to lead with excellence, transparency, and innovation.
The UAE, the current custodian Chair in 2025, continues to maintain leadership continuity, while the position of Chair for 2026 remains unfilled. Ghana’s leadership signals a new chapter for the KP, strengthening West Africa’s role in global diamond governance and sustainable industry practices.
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