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Source: TOI
Context:
In December 2025, it was announced that India will assume the Chairpersonship of the Kimberley Process Certification Scheme (KPCS) from January 1, 2026.
Key Highlights:
- Chairmanship begins: January 1, 2026
- India’s tenure: 3rd time as Chair of the Kimberley Process
- India takes over from: United Arab Emirates (UAE), the current Chair
- Objective: Strengthen global efforts to eliminate conflict diamonds from international trade
About the Kimberley Process (KP)
- Established: 2003
- Nature: A multilateral certification scheme
- Participants: Governments, diamond industry and civil society
- Core Aim:
- Prevent trade in conflict diamonds (diamonds used to finance armed conflict)
- Ensure diamonds entering the global market are conflict-free
- Mechanism:
- International trade in rough diamonds allowed only between KP-certified participants
