Type:Notice
Citation:86 FR 1560
Reading Time:about 5 minutes
The Department of State has updated the list of Participants authorized to trade in rough diamonds under the Clean Diamond Trade Act and the Kimberley Process Certification Scheme. This updated list includes the Importing and Exporting Authorities of each Participant and adds the United Kingdom as an independent Participant. The purpose of this list is to ensure compliance with the Act and does not affect any other trading laws. The changes are effective as of January 8, 2021.
Simple Explanation
The Department of State has updated the list of countries that can trade rough diamonds to include the United Kingdom. This means these countries have agreed to follow special rules to make sure diamonds are not used to pay for bad things.