Mpofu: We will pull out of Kimberly Process
By Nqobani Ndlovu.
Zimbabwe will pull of a diamond trade regulatory body, the Kimberly Process (KP), if the KP registers un-satisfaction with government efforts so far to meet its requirements to allow the country to trade freely, according to mines minister Obert Mpofu.
The KP, a global body created to curb trade in gems mined to fund conflict decided not to suspend Zimbabwe’s membership last year, but set certain requirements the government has to meet before it can be allowed to trade freely.
The KP gave Harare a June 2010 deadline to make reforms to comply with its regulations.
The KP is just a mere membership driven body. No one is forced to be a member of it,” said Mr Mpofu.
“If the KP is unsatisfied with our efforts and says we have failed to comply with their requirements to bar us from diamond trade, we will not lose sleep. We are ready to just pull put and not lose anything.
“The KP does not own the diamond trade markets. Zimbabwe will pull out of the KP and sell its diamonds to those markets,” he added in response to journalists’ questions at a Press Club in Zimbabwe’s second city, Bulawayo.
Human rights groups last year lobbied for a suspension of Zimbabwe from diamond trade saying the precious minerals were being used to enrich President Mugabe’s allies and to fund a crackdown on innocent civilians.
Zimbabwe’s Marange diamond fields are the most controversial in the world with reports saying armed soldiers killed a number of illegal miners who descended on the fields after they seized them from the London based African Consolidated Resources Plc in 2006 when gems were found.
Harare last year granted the diamond concessions to Mbada Mining (Private) Limited, Marange Resources (Private) Limited and Canadile Miners (Private) to exploit diamonds at the seized ACR claims in a bid to comply with the KP requirements.
Posted by Wellington Chadehumbe
on February 28, 2010. Filed under Main Headline.
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