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Home/American Shipper/State adds Gabon eligibility for rough diamond tradeAmerican ShipperTrade and ComplianceState adds Gabon eligibility for rough diamond tradeBrian Bradley·Wednesday,
July 03, 2019
The West African country will join a list of countries eligible to trade in rough diamonds under the Clean Diamond Trade Act.
The U.S. State Department is adding Gabon to its list of countries eligible to trade in rough diamonds under the Clean Diamond Trade Act of 2003, effective Friday. The statute requires
the president to prohibit the import into, or export from, the U.S. of any rough diamond, from whatever source, that hasn’t been controlled through the Kimberley Process Certification
Scheme, a multilateral process established by the U.N. to prevent conflict diamonds from entering the mainstream rough diamond market.