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OECD headquarters in Paris.



  Speculation rising that ICA is aiming at Kimberley Process for colored gemstones


May 15, 2013


The participation on April 30 of the International Colored Gemstone Association (ICA) at meeting in Paris at the headquarters of the Organization for Economic Cooperation and Development (OECD) is fueling speculation that the body is aiming to instigate the creation of a system similar to the Kimberley Process Certification Scheme in the diamond sector, which is designed to filter out goods from conflict areas.

The meeting in Paris was held at the OECD, but not under its auspices. It was hosted by the Fafo Institute for Applied International Studies, Jewelers of America, Signet Jewelers, and British Foreign and Commonwealth Office and the U.S. Department of State.

Participants at the Paris meeting addressed issues related to the evolving risks that the trade in precious stones may be associated with, including conflict and human rights abuses. The meeting stressed the importance of responsible sourcing practice, international guidelines and business conduct, and highlighted the need to provide frameworks to support responsible business conduct in the precious stones sector.

At the meeting, ICA Vice President Jean Claude Michelou presented the recently announced project involving the colored gemstone association at the United Nation Research Institute on Crime and Justice (UNICRI), which is meant to lead to a mechanism to certify and track colored gemstones from their countries of origin.

Writing in his blog on JCK Online, industry commentator and journalist Rob Bates wrote: "As for why all this is needed, one can just look at Burmese rubies. When America banned their import, big retailers like Tiffany decided to stop buying all rubies, since they couldn't guarantee their provenance. And while the Burma ban likely will soon be lifted, who knows what gem will find itself under the microscope next. These issues aren't going away (a point I wish some of my friends in the diamond business would recognize). A system like this could also be of particular benefit to the gemstone trade, where country of origin has long been a selling point. It could also help distinguish natural stones from synthetics, another big issue in the colored stone world."

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