Cote d'Ivoire: Diamantaires Eyeing Ivory Coast for Rough Imports

May 2, 2014 | Melvyn Reggie Thomas, The Times of India
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SURAT: Diamantaires are looking at Ivory Coast for rough diamond imports after the United Nations Security Council lifted a decade-long ban on diamond exports from the west African country on April 29.

Around $25 million worth of gem quality rough diamonds are mined in Ivory Coast every year. Due to embargo by the UN, the illicit trade in diamonds from Ivory Coast was pegged between $12 million and $23 million dollars per annum.