UAE KP Office Confirms Marange Diamonds Release
July 07, 11(IDEX Online News) – The UAE Kimberley Process office confirmed today (Thursday) that it has approved the release and export of 14 packets of diamonds from the Marange region in
The diamonds were exported to
The goods, valued at about $160 million, have been held in
Unofficially, people involved in the WGM's decision told IDEX Online that the goods were held to pressure Zimbabwe, and apparently traders that were considered a little too quick to buy the goods.
The approval for export was decided by the WGM at the recent KP Intercessional Meeting in
The diamonds were shipped to
The UAE KP office reiterated its commitment to the Process, saying it will adherence to the rules and procedures which includes any future shipment of rough diamonds from