International News
GJEPC Participates in High-Level Paris Roundtable on Kimberley Process Relevance
A closed-door outreach session in Paris brought senior Kimberley Process (KP) leadership into direct dialogue with leading luxury jewellery maisons, positioning the certification system at the centre of brand risk, sourcing integrity and consumer trust.
Hosted by UFBJOP, the invitation-only discussion, held under Chatham House Rule, clarified how the KP works, why it remains central to the natural diamond value chain, and how it supports brand credibility in a market shaped by rising transparency expectations.
The panel featured Feriel Zerouki, President, World Diamond Council (WDC); Stéphane Fischler, former President, WDC; Anoop Mehta, Convenor – Diamond Panel, GJEPC; Ahmed Bin Sulayem, CEO, DMCC & former KP Chair; and Sabyasachi Ray, Executive Director, GJEPC & Deputy Advisor to KP Chair, who shared perspectives spanning industry, governance and trade.
The discussion opened with an overview of the KP’s origins and mechanics, followed by India’s 2026 Chairmanship priorities built around the “3Cs” – Credibility, Compliance and Confidence. The framework focuses on strengthening certification integrity, addressing financial risks like crypto-linked transactions, and improving consumer-facing communication.
International News
JA Lobbies For Exemptions As US Threatens 100% Tariffs
To Shield The Supply Chain, JA Is Petitioning Washington To Place Diamonds, Gemstones, and Pearls On The U.S. Annex II List, Which Designates Products Eligible For Duty-Free Entry Into The United States.
– Jewelers of America (JA) has intensified its lobbying efforts in Washington to secure sweeping tariff exemptions for diamonds, gemstones, and pearls, as new legislation opens the door to potential 100% duties on imports from major trade partners including India.
The industry group sent a delegation of executives and members to Capitol Hill on Sept. 15 for its annual “Fly-In” event, pressing lawmakers to safeguard the trade from broad trade penalties aimed at supporters of Russia’s energy sector.
The delegation, led by JA President and Chief Executive David J. Bonaparte, met with key lawmakers, including Senators Dick Durbin and Susan Collins and Representatives Jim Jordan and Dave Joyce.
The increased lobbying push coincided with Congress weighing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. Passed by the House of Representatives on Sept. 16 and signed into law by President Donald Trump on Sept. 18, the legislation grants executive authority to levy tariffs of up to 100% on the five largest buyers of Russian oil and natural gas, as well as top facilitators of sanctions evasion.
India, a primary global hub for diamond cutting and polishing, is among the top buyers of Russian crude and faces potential exposure under the law’s discretionary tariff authority.
To shield the supply chain, JA is petitioning Washington to place diamonds, gemstones, and pearls on the U.S. Annex II list, which designates products eligible for duty-free entry into the United States.
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