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G7 review diamond certification mechanism urged by three African countries

Three African nations, namely Angola, Botswana, and Namibia, have jointly voiced their dissatisfaction with the diamond certification process mandated by the Group of Seven (G7) countries, as reported by Azernews.

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In a united effort, the authorities of these countries have raised concerns over the requirement compelling diamonds to undergo certification in Belgium. They have urged the G7 nations to reconsider and eliminate this particular provision.

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President Mokgwitsi Masisi of Botswana underscored the adverse impact of this requirement on African countries, particularly Botswana, which stands as the largest diamond producer on the continent.

President Masisi highlighted that the diamond certification mechanism proposed by the G7 poses significant challenges for African producers. He expressed dismay over the exclusive role granted to Belgium as the sole diamond verification center.

Moreover, President Masisi emphasized that the implementation of the G7’s certification system has resulted in disruptions within the international diamond trade landscape.

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