The Ministry of Natural Resources will engage the expertise of a legal consultant on the Kimberly Process Certification Scheme (KPCS) used to certify diamonds.
Today, at the weekly post-Cabinet press briefing, Minister of State, Joseph Harmon, announced that approval was granted to the request which made was by the Minister of Natural Resources.
The KPCS was launched in 2003 in a bid to clean up the international diamond trade after it was recognised that diamonds were being used to finance war and terrorism.
Minister Harmon said the KPCS is important for preventing “conflict diamonds” from infiltrating Guyana’s local production which could affect the country’s production credibility on the international market.
DPI, Guyana, Tuesday, December 12, 2017 The Committee of Supply approved the sum of $6.515B for the Ministry of Communities during the consideration of the 2018 National Budget on Tuesday. Under the Ministry’s $4. 751, 320B Capital Expenditure, $1.027B was allocated for subventions to...