Showing posts with label Switzerland. Show all posts
Showing posts with label Switzerland. Show all posts

Monday, 24 November 2025

Conflict Diamonds: Nations that Vetoed New Definition

A proposal to broaden the term at the KP plenary in Dubai last week was rejected by Australia, Canada, the EU (representing 27 member countries), Switzerland, Ukraine and the UK, according to the African Diamond Producers Association (ADPA). That's a total of 32 countries.

The Kimberley Process (KP) has again failed to reach agreement on a new definition of conflict diamonds.

A proposal to broaden the term at the KP plenary in Dubai last week was rejected by Australia, Canada, the EU (representing 27 member countries), Switzerland, Ukraine and the UK, according to the African Diamond Producers Association (ADPA). That’s a total of 32 countries.

Updating the current definition – diamonds used by rebel groups to finance armed conflict against legitimate governments – would have required a unanimous vote. There have been repeated attempts to broaden the definition since it was first adopted in 2000.

The World Diamond Council (WDC) spoke of its “profound regret” that a small number of participants had blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities.

In a statement issued at the end of the plenary it did not identify those who had vetoed the new definition. But ADPA did.

ADPA said: “Six participants – Australia, Canada, the European Union, Switzerland, Ukraine, the United Kingdom and one observer, Civil Society Coalition, refused to support the expanded definition.”

It said its proposed definition “aimed to provide a Pan-African solution to today’s evolving nature of diamond conflicts and the realities on the ground”.

The ADPA’s broader definition would have included “armed groups, non-state armed groups, UN Security Council-sanctioned individuals and entities and their allies, as well as to cover actions aimed at financing armed conflict and other operations, including attempts at undermining legitimate governments, and the well-being of diamond communities”.

It singled out the EU for harsh criticism, claiming it had in recent years “purposefully blurred and made several attempts to bypass the work of the KP.

The World Diamond Council (WDC) said progress had been killed in pursuit of the impossible.

“Today’s outcome is not a failure of the KP,” said WDC president Feriel Zerouki (pictured), as the five-day plenary concluded.

“Most participants stood firmly behind Africa. The setback came from a few, not from the Process itself. And while they halted progress today, they cannot halt the direction of travel.”

Jaff Bamenjo coordinator of the KP Civil Society Coalition, an observer group that represents communities affected by diamond mining and trade, said KP remains detached from reality at a time when challenges are overwhelming and the KP refuses to take responsibility.

“Its scope remains a needle in a haystack,” he said. “Communities affected by diamond mining are left wondering how this scheme can possibly be relevant to the many problems they face.”

Source: IDEX

The Kimberley Process: Control of the Diamond Pipeline, Not the Use of Revenue

When the Kimberley Process Certification Scheme (KPCS) was launched in 2003, it was marketed as a global solution to stop “conflict diamonds” from funding civil wars and human rights abuses. However, more than two decades later, the realities of the initiative paint a very different picture. The Kimberley Process has evolved not into a tool of humanitarian oversight, but into a mechanism that controls the flow of rough diamonds—who mines them, who sells them, who profits—and with little concern for how those profits are ultimately used.

A System Focused on Legitimising Trade, Not Regulating Impact

The entire structure of the Kimberley Process revolves around documentation and export control. Diamonds are certified to ensure that they originate from “legitimate” channels, which mostly means from governments and recognised mining concessions. Once that documentation exists, the diamonds are cleared for international trade.

What the system does not do is monitor or regulate what happens next.

Once revenue enters official state budgets or company accounts, the Kimberley Process has no authority, no mandate, and no interest in determining whether diamond income:

  • Improves living standards in mining communities
  • Funds infrastructure, healthcare, or education
  • Supports social development
  • Or, conversely, fuels corruption, political patronage, or state violence

In many diamond-producing nations, government control of the resource is absolute, while accountability for the use of diamond wealth remains minimal.

Legitimacy Through the Stamp, Not Through the Outcome

A diamond certified under the Kimberley Process is considered “clean” simply because it does not fund a rebel movement. Yet the humanitarian reality is far more complex. In several countries, diamond mining takes place alongside:

  • Widespread corruption
  • Poverty in mining regions
  • Environmental degradation
  • Labour exploitation
  • Lack of reinvestment into the communities that generate the wealth

The certification system provides political legitimacy to the diamond trade while ignoring the social conditions behind it. In other words, the Kimberley Process ensures diamonds are “legitimate to sell,” not that the proceeds are “responsibly used.”

Who Really Controls the Diamond Narrative?

From the beginning, the Kimberley Process was structured by governments and major industry stakeholders, including those with the most to gain from a controlled and regulated supply chain. Control over certification effectively means control over access to export markets—an immense economic advantage.

This has allowed:

  • States to assert exclusive ownership over the resource
  • Major mining companies to maintain their dominant global trading roles
  • Smaller or informal miners to be excluded from legal markets
  • The narrative of “ethical diamonds” to remain tightly managed

In this sense, the Kimberley Process serves more as a trade gatekeeper than a humanitarian framework. It decides who may sell diamonds, where they may be shipped, and under what conditions—while staying silent on whether diamond-rich nations or their citizens truly benefit from the wealth beneath their soil.

A System Out of Step with Modern Expectations

In 2025, consumer expectations have changed dramatically. Jewellery buyers increasingly want:

  • Transparency
  • Ethical assurance
  • Positive social and environmental impact
  • Evidence of fair value distribution

Yet the Kimberley Process remains rooted in a narrow 20-year-old definition of conflict that does not consider:

  • Government-sponsored abuse
  • Corruption
  • Human rights violations
  • Economic exploitation
  • Lack of benefit to local communities

For modern ethical standards, this is an outdated and insufficient framework.

Conclusion

The uncomfortable truth is this: the Kimberley Process is primarily a system for controlling the supply and movement of diamonds, not for ensuring that the immense wealth generated improves lives or supports sustainable development.

It decides who is allowed to trade diamonds, not how diamond money is used. Until the initiative expands beyond its limited mandate and confronts the broader social realities of the diamond industry, the Kimberley Process will remain a trade tool—not a humanitarian safeguard.

Source: DCLA

Sunday, 20 July 2025

Thousands of Swiss Watchmakers’ Jobs at Risk

Swiss Watchmakers

Thousands of Swiss watchmakers are facing an uncertain future from 1 August, when the state-funded furlough program comes to an end.

Employers will have to find a way to pay their salary, or let them go.

The furlough scheme, widely used during the Covid pandemic, was never intended to meet such long-term needs as the ongoing decline in demand for luxury watches.

The industry has been relying heavily on support from the government, which has until now covered 80 per cent of furloughed workers’ salaries.

But a decline in global demand since the second half of 2023 shows little sign of recovery.

Smaller and mid-market brands are feeling the squeeze more than large, high-end brands such as Rolex, Patek Philippe, and may be forced to lay off staff.

Watchmakers avoid permanent job losses wherever possible, because of the difficulties in recruiting skilled workers when demand picks up.

Many watchmaking companies have put workers on short-time working even if they have been able to avoid temporary retrenchments.

Swiss watch exports were down 2.8 per cent by value in 2024, according to the Federation of the Swiss Watch Industry, with sales in China down by almost 26 per cent.

Last September we reported that Girard-Perregaux and Ulysse Nardin, (sold off by the Kering Group), had put 15 per cent of their workforce on short-time working and that 40 companies – mostly tool, machinery or component suppliers – applied for permission to cut their workers’ hours in Jura, one of Switzerland’s 26 cantons.

Source: DCLA

Sunday, 2 February 2025

“Sharp Contraction” for Swiss Watch Exports

Swiss Watch Exports

Swiss watch exports slumped in December, with the US suffering its first drop in six months.

Total foreign sales were down 5.4 per cent year-on-year to CHF 2.033bn ($2.23bn) in what the Federation of the Swiss Watch Industry Exports (FHS) said was a “sharp contraction”. It’s the biggest drop since June 2024 (-7.2 per cent).

Sales in China continued their decline (down 19.0 per cent), ditto Hong Kong (down 6.4 per cent). Hong Kong is currently the second biggest market globally for Swiss watches and China is the third.

Exports to the biggest single market, the US, fell by 1.0 per cent during the month, ins spite of the holiday season, following on from a 4.7 per cent increase in November.

Among the top 15 markets, the only ones to show growth during the month were UAE (+0.6 per cent), United Kingdom (+5.8 per cent), Spain (+19.3 per cent) and Australia (+7.2 per cent).

The FHS said it recorded falls in all price segments, with the sharpest decline among watches priced at CHF 200 to CHF 500 ($220 to $550). The CHF 500 to CHF 3,000 ($550 to $3,300) segment held up better, declining by just 1.8 per cent.

Source: Idex

How Efforts to Control the Diamond Trade Are Hurting the Very Communities They Were Supposed to Protect

For more than two decades, global policies aimed at restricting the flow of diamonds from conflict zones most notably through the “blood dia...