Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Portugal Becomes Seventh EU Country to Join KP

August 25, 15 by Danielle Max

(IDEX Online News) – Portugal has joined six other EU countries to become a member of the Kimberley Process (KP). The other EU member states are Belgium, Bulgaria, the Czech Republic, Germany, Romania and the United Kingdom.

 

With its entry into the KP, Portugal’s Tax and Customs Authority has been granted authorisation to inspect, check and asses rough diamonds.

 

This move "establishes the legal conditions necessary for the development of this new economic sector in Portugal, reinforcing and combating the illicit trade in diamonds," said a statement from Paulo Núncio, the Secretary of State for Fiscal Affairs, as reported by the Algarve Daily News.

 

The EU, as a single entity, is a participant of the KP.

Diamond Index
Related Articles

Report: Zimbabwe Considers Candidacy for KP Chair

July 08, 15 by David Brummer

Read More...

DDI to Manage KP Technical Assistance

November 05, 14 by Danielle Max

Read More...

Australia to Withdraw Candidacy for KP Vice Chair

June 30, 15 by David Brummer

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter