The fact that the KP mini-summit held alongside the 7th Annual World Diamond Congress at St Petersburg this week has arrived at a consensus agreement between all stakeholders, comes as welcome relief to the diamond industry. Under the agreement, between now and September two supervised diamond exports will be allowed from Zimbabwe. Though a temporary measure, this is at least a start, and augurs well for a more permanent resolution of the imbroglio which has rocked the diamond world for the last many months. %% Moreover, it also provides a window for further dialogue and discussion towards the ultimate aim of ensuring that the pipeline remains free of all diamonds that may be perceived as being ‘tainted’ by the final consumer. Yet again, the industry has displayed that it can face challenges and weather storms in a mature and organised manner, and find solutions through dialogue. We hope this is the first firm step for a long term solution.

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