Kimberley Process Certification Scheme and India’s Strategic Reform Opportunity
The Kimberley Process Certification Scheme (KPCS) remains the world’s principal multilateral framework designed to curb the flow of conflict diamonds into legitimate trade channels. Built on national enforcement mechanisms and international cooperation, the scheme regulates trade in rough diamonds through certification, statistical reporting and cross-border controls. Although India is not a diamond-producing nation, its pivotal position in the global diamond value chain provides significant scope to influence the future direction of the Kimberley Process.
Month: Current Affairs - February 11, 2026
Category: International Trade | Global Governance