ALROSA CEO Holds Meeting With Kimberley Process Chair Hardeman

(IDEX Online) – ALROSA CEO Sergey Ivanov has held a business meeting with the Chair of the Kimberley Process (KP), Hilde Hardeman, during her visit to Moscow.

Hardeman and Ivanov discussed the agenda of the European Union's (EU) chairmanship of the KP this year, prospects of the further development of the KP and the improvement of the KP Certification Scheme, ALROSA said in a statement.

They discussed the ongoing reform of the organization, including such areas as the establishment of a permanent KP Secretariat, the update of the Core Document and the strengthening of the Peer review mechanism. The position of the world diamond industry represented by the World Diamond Council (WDC) on these matters was formulated with ALROSA's active participation. The parties also discussed countering the illegal penetration of synthetic diamonds into the market and creating a distinction between the diamond and synthetic stone markets. Hardeman also visited ALROSA facilities in Moscow.

Hardeman represents the EU, which is the Chair of the Kimberley Process this year.