India | UK | US

Zimbabwe given reprieve from suspension by 'blood diamonds' body

Windhoek/Maputo - Zimbabwe avoided suspension from the global certified diamond trade on Thursday after an international diamond watchdog decided to give the country more time to polish up its diamond dealings. The Kimberley Process Certification Sch...
Posted : Thu, 05 Nov 2009 17:16:19 GMT
By : dpa
Category : Business
News Alerts by Email ( click here )
Business News | Home
Windhoek/Maputo - Zimbabwe avoided suspension from the global certified diamond trade on Thursday after an international diamond watchdog decided to give the country more time to polish up its diamond dealings. The Kimberley Process Certification Scheme, which monitors trade in so-called conflict diamonds, was wrapping up four days of deliberations on Zimbabwe's diamonds, among other matters, in Namibia.

"Its suspension could not come to fruition because it was held that we should give them an opportunity to address issues of compliance and removing the military and things like that," Bernhard Esau, KPCS chairman and Namibia's deputy mines minister told the German Press Agency dpa.

Instead, the KP, which has 49 members representing 75 countries, had drawn up an action plan with timelines which Zimbabwe would be required to follow, he said.

Human rights activists had been calling for Zimbabwe's diamonds to be suspended from the KP scheme following a brutal crackdown by the military on diamond diggers and villagers in the country's eastern Marange diamond fields over the past year.

A KP review team, after visiting Zimbabwe in July and hearing testimony from victims, had recommended that Zimbabwe be suspended from importing or exporting rough diamonds within the Process until it complied with KP norms.

Zimbabwe was also under discussion in Mozambique Thursday, where southern African leaders were meeting in yet another attempt to try to free the country's political logjam.

President Robert Mugabe and Prime Minister Morgan Tsvangirai held talks with several leaders from the Southern African Development Community (SADC) regional political bloc to discuss a way out of their three-week standoff.

SADC, which acts as the guarantor of Zimbabwe's uneasy unity pact, was represented by SADC chairman, Democratic Republic of Congo president Joseph Kabila, Mozambican President Armando Guebuza, Zambian President Rupiah Banda and President Jacob Zuma of South Africa and Swazi King Mswati III.

Zimbabwe's shaky eight-month-old coalition government has been in crisis since Tsvangirai's Movement for Democratic Change (MDC) staged a partial pull-out last month.

The MDC is boycotting cabinet meetings over Zanu-PF's refusal to to fully share power and implement agreed-upon reforms. MDC ministers are continuing to run their portfolios, however.

Addressing the opening of the talks, an upbeat Guebuza said the two parties "had more points in convergence than divergence."

Several human rights organizations have warned the dispute risks tipping the country back into the political violence that characterized last year's presidential election.

Copyright DPA

Share/Save/Bookmark

Article : Zimbabwe given reprieve from suspension by 'blood diamonds' body
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

Porsche board agrees to VW tie-up - Summary
Berlin - Luxury German sports carmaker Porsche said Friday its board had agreed to the group's planned integration into Volkswagen AG, Europe's biggest auto manufacturer. The decision by the Porsche supervisory board came after German-based VW's supe...

Frankfurt Stock Exchange quotations 20 November 2009
Frankfurt - Frankfurt Stock Exchange closing prices in euros. In brackets the point movement of index/price movement of stocks against previous quotation: ...

Arab stocks lacklustre ahead of Muslim festivities
Amman - Most of Arab stock markets extended losses this week ahead of Eid al-Adha festivities due to start on November 27, financial analysts said Friday. They also attributed the plunge to declines on global markets, the foggy picture surrounding th...

Iberia cabin crew cancel strikes in Spain
Madrid - Cabin crew of the Spanish airline Iberia have cancelled eight one-day work stoppages foreseen to start on November 30 and stretch into December, trade union sources said Friday. The unions said they had reached an agreement with Iberia on pa...

Asia's airlines see signs of recovery, expect heavy losses
Singapore - Asia's airlines saw some signs of recovery after passenger demand slumped during the global recession, the head of a regional industry body said Friday, but the business environment continued to be challenging. Hopefully, we are at least...

Japan falls back into deflation - Summary
Tokyo - Japan is back in a period of falling prices for the first time in three and a half years, the government said on Friday, while its central bank left a key interest rate unchanged and upgraded its economic outlook. Deputy Prime Minister Naoto ...

Thai exports fall 3 per cent in October, lowest this year
Bangkok - Thailand's exports hit 14.8 billion dollars in October, a decline of 3 per cent year-on-year, marking the lowest fall in 2009, the commerce ministry said Friday. Imports reached 13.1 billion dollars, down 17.5 per cent year-on-year. Thailan...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Business News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.