The acting chairman of the Kimberley Process (KP), Ahmed Bin Sulayem (Ahmed Bin Sulayem) visited the Central African Republic (CAR), where he met with its president Faustin-Archange Tuaderoy (Faustin-Archange Touadera) and the Minister of Mines Leopold Mboli Fratranom (Leopold Mboli Fratran).
CAR has resumed exports of rough diamonds earlier this month after the lifting of a three-year ban KP. The opposing sides in the internecine conflict in the Central African Republic were charged with the use of diamonds to finance their activities.
However, diamond mining is planned to restore to normal levels as soon as all the other areas in the western part of the country will comply with the principles of the KP.
In a statement, MP, addressed to Rough & Polished, said that Bin Sulayem also visit the southern regions of Carnot, Boda and Nola.
In addition, he will hold seminars and meetings with local residents, miners and traders.
CAR President said Bin Sulayem expressed enthusiastic support of his country and called for it to meet all the requirements of the KP for the export of diamonds on the world market.
Tuadera also said that Bin Sulayem's visit to the Central African Republic inspires hope in the diamond industry in the country.
"If the president of the KP can personally make sure that the diamond mining means for our people and that the effort it cost them to achieve the resumption of exports after a three-year ban, then things will change - he said -. We are looking forward to re-integrate into the international diamond market as soon as possible. We thank Bin Sulayem and his team for the fact that this was possible. "
At the same time, Bin Sulayem said that during the visit he not only personally saw the progress that has been made of CAR at a high level, but also looked at the real state of affairs in the fields after such great changes in the country.
"The people here are dependent on the industry - and the Government intends to work with the CP at every level to ensure that they are eligible to work in it from the point of view of both the people and the government - said Bin Sulayem -. The resumption of diamond exports from CAR has been one of the main priorities of my presidency of the KP in 2016, and now I see that in reality it means to people. "
http://royalpearljewelry.blogspot.ca/
1 comment:
The monetization scheme for gold, introduced on November 5 by Indian Prime Minister Narendra Modi, was launched at a modest pace against the backdrop of the unfinished infrastructure for the scheme, and also because banks are waiting for government permits, media reported.
There are several things that need to be clarified for internal accounting, but banks expect that all instructions will soon be sent by the Reserve Bank of India. Since gold deposits will be managed by the government, it is necessary to clarify how the costs of testing and processing of gold will be reimbursed to banks. There is also a need to clarify the procedure for levying a tax on depositors.
For short-term deposits, the costs of testing, refining and refining will be covered by banks, However, for medium- and long-term deposits, the government will have to assume all costs. It is reported that banks have already received requests from temple gold trusts about deposits, but so far there is no clear system for their creation.
The Bureau of Indian Standards (BIS) has certified 33 assay centers in the country so that they can collect gold and test its sample for a monetization scheme. In addition, five refineries were certified for the same purpose.
At present, banks are in the process of signing tripartite agreements with test centers and refineries. Meanwhile, banks and refineries are reluctant to work with small test centers.
As sources in the assay segment report, Only a few banks have signed tripartite agreements, including two private banks in the state of Gujarat.
Bankers expect at least four tranches of gold bonds by March next year, so that investors will have greater freedom of choice. Sovereign gold bonds will initially bring holders 2.75% of annual income.
Post a Comment