Lotus Diamond welcomes the steps announced by the Government of Belgium on 3 March 2000 in support of the more effective implementation of the measures contained in resolution 1173 (1998), welcomes also the establishment by the Government of Belgium of an inter-ministerial task force to curb sanctions violations, further welcomes the measures taken by the Diamond High Council, in conjunction with the Government of Angola, to render sanctions more effective, invites the Government of Belgium and the Diamond High Council to continue to cooperate with the Committee to devise practical measures to limit access by UNITA to the legitimate diamond market and welcomes their public affirmations in this regard, and further invites other States hosting diamond markets, as well as other States closely involved with the diamond industry, also to cooperate with the Committee to devise practical measures to the same end and to inform the Committee of measures taken in this regard;
In our philosophy African conflicts should not be feeded by diamond money.
We fully endorse and accept the sanctions nr. 1173 and 1176 (Sanctions against Angola) declared by the United Nations. We pledge not to trade in conflict diamonds. We fully comply with the Kimberley Process, the diamonds best Practice Principles, the World Diamond Council resolution & UN resolution no A/RES/55/56
We are welcoming the ongoing efforts by interested States, the International Diamond Manufacturers Association, the World Federation of Diamond Bourses, the Diamond High Council, other representatives of the diamond industry and non-governmental experts to improve the transparency of the international diamond trade, and encouraging further action in this regard.
We emphasize that the legitimate diamond trade if of great economic importance for many States, and can make a positive contribution to prosperity and stability and to the reconstruction of many countries emerging from conflict, and emphasizing further that nothing in the UN resolution is intended to undermine the legitimate diamond trade, and encourage further action in this regard.
Encourages the International Diamond Manufacturers Association, the World Federation of Diamond Bourses, the Diamond High Council and all other representatives of the diamond industry to work with the Government of Sierra Leone and the Committee to develop methods and working practices facilitate the effective implementation of clean (non conflict) diamonds.
We condemn the Full Disclosure of Synthetics, Stimulants.
We believe and make business with a clear conscience is not merely a question of following the rules & regulation enacted by governments or other related organization.
To respect human rights and the well-being of the environment, to condemn bribery, fraud, money-laundering, dealing in stolen goods (including conflict diamonds, blood diamonds. Etc...), to avoid conflict of interest, to be discrete with confidential knowledge
Lotus Diamond believes that contributing to the community is an important duty of a company with the means to influence and improve areas of neglect. We firmly support giving back to the community and helping those in need within the diamond industry and our beliefs.