3 November 2006

Angola: African Diamond Producing Countries Ministers Meet

Luanda — African diamond producing countries' ministers gathered Friday in Luanda to adopt the documents worked out and approved at the experts' second session for the constitution of the African Diamond Producers Association (ADPA).

The meeting of experts held on November 1-2, in Luanda, focused, among other issues, on ADPA draft statute, its executive secretariat installation budget and the criteria for selection of members and functioning mechanisms.

The proposed association, an initiative by Angolan head of State, José Eduardo dos Santos, is intended to bring together the African diamond producing countries, major producer and distributor companies at a forum of concert, and make their presence felt in the process of definition of world policies and strategies in the sector.

It is also aimed at a concert and mutual assistance among African diamond producers, with a view to a better defence of their interests and concerted actions for a major credibility in the world.

The harmonisation of legislation, through the adoption of juridical and legal solutions, securing and encouraging investors with guarantees, are another purposes of the setting up of the African Diamond Producing Countries Association.

ADPA constituting meeting is being attended by minister or their representatives from Angola, South Africa, Algeria, Botswana (top African producer), Congo Brazzaville, Gabon, Cote d'Ivoire, Ghana, Guinea Conakry, Lesotho, Liberia, Mali, Mauritania, Namibia, DR Congo, Central Africa Republic, Sierra Leone, Tanzania, Togo and Zimbabwe.

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