Financial Times FT.com

Caracas ‘allowing gem smuggling’

By Nicol Degli Innocenti in London and Benedict Mander in Caracas

Published: October 8 2007 22:52 | Last updated: October 8 2007 22:52

Venezuela is still allowing “massive diamond smuggling” and should be expelled from the Kimberley Process, the United Nations-backed initiative to curb the illegal trade in gems, according to a report released on Tuesday by two non-governmental organisations.

Global Witness and Partnership Africa Canada call on the European Commission, currently chairing the KP, to preserve the credibility of the scheme by taking action against Venezuela for “flagrant non-compliance”.

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