India to Chair Kimberley Process From 1 January 2026
Why in the news
India was announced as the next head of the global scheme that keeps conflict diamonds out of trade.
Key facts
- Chair from: 1 January 2026; predecessor is the UAE.
- Aim: strengthen worldwide efforts to remove conflict diamonds from international trade.
- Trade rule: rough diamonds move only among KP-certified participants.
Exam angle
- Scheme: Kimberley Process Certification Scheme (KPCS), established 2003.
- Members: governments, diamond industry and civil society.
- Conflict diamonds: diamonds used to finance armed conflict.