Ahmed Bin Sulayem Appointed UAE’s Kimberley Process Chair

140 95 Rapaport News

RAPAPORT… The
United Arab Emirates’ (UAE) Ministry of Economy has appointed Ahmed Bin Sulayem, chairman of the Dubai Multi Commodities Centre, as the country’s
chair of the Kimberley Process (KP) for 2016.

Sulayem will
be responsible for official duties in 2016 and implementing new initiatives in line
with the KP’s aims and objectives, according to a statement December 20. The UAE was appointed as KP chair in November 2015.

“It is a great honour to have been appointed Kimberley Process
Chair by both the KP and the UAE, with the great responsibility to implement
the KP’s vision and plans for the diamond industry in 2016,” Ahmed Bin Sulayem
said.

“The UAE will use this opportunity to focus on
areas that will have the greatest impact on growth and development, in addition
to sustaining the core values of the organisation.”

Sulayem
aims to strengthen ties between government, industry decision makers and the
KP’s civil society, a group of non-profit organizations. He also aims to give technical
assistance and training to newly-admitted countries and those that wish to join
the KP, as well as building consensus through seminars and conferences.

Dubai’s diamond trade has grown from $5 million when the KP
was established in 2003 to more than $35 billion in 2014, Sulayem said.

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