India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

India to Chair Kimberley Process from 1 January 2026

India has been selected to be the Chair of the UN-backed Kimberley Process (KP) for the third time from 1 January 2026. According to Union Commerce and Industry Minister Piyush Goya, India's KP leadership reinforces its credibility among diamond producing nations, trading centres, industry and civil society, placing us at the centre of efforts to strengthen transparency, continuity and unity in diamond governance in line with the Modi government's commitment to fostering integrity & transparency in international trade.During our leadership, India's priorities will include:

=Building consumer confidence in conflict-free diamonds

=Accelerating digital certification & traceability and

=Strengthening transparency & accountability across the supply chain

External Affairs Minister Dr S Jaishankar has welcomed India’s selection as the Chair of UN-backed Kimberley Process, starting 2026.A reaffirmation of India’s role in global governance of diamond trade through reform and consensus, he said in a post.

The Gem & Jewellery Export Promotion Council (GJEPC), India’s nodal agency for the Kimberley Process (KP), has welcomed India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026.

The Kimberley Process is a tripartite initiative involving governments, the international diamond industry and civil society, aimed at preventing the trade in “conflict diamonds”—rough diamonds used by rebel groups or their allies to finance conflicts that undermine legitimate governments, as defined in United Nations Security Council resolutions: Ministry of Commerce & Industry.

The Kimberley Process is also described in the United Nation Security Council (UNSC) Resolutions. The Kimberley Process Certification Scheme (KPCS) outlines the rules that govern the trade in rough diamonds. The KPCS has developed a set of minimum requirements that each participant must meet. 

(Business Correspondent)


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

The NIa has arrested two key accused in connection with the 2022 bomb blast in West Bengal's Amta area that claimed one life and left three others injured.

Read More

Opinion

A statutory minimum stipend indexed to the city cost-of-living must be mandated for any internship exceeding four weeks.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.