Cabinet has endorsed Zimbabweâ€™s decision to auction its stockpiled diamonds following the green light given to the country by delegates who attended the Kimberley Process Inter-sessional meeting held in Tel Aviv, Israel last week.ÂÂ
The sale of the countryâ€™s diamonds which is expected to start in earnest soon, will see the local relevant ministries which include Ministries of Mines and Mining Development, Finance, Home Affairs as well as the Minerals Marketing Corporation of Zimbabwe [MMCZ] coordinating and agreeing on the exportation of the gemstones.Â
Speaking soon after emerging from a cabinet meeting, Minister of Mines and Mining Development, Cde. Obert Mpofu said necessary mechanisms are being put in place to ensure the immediate auctioning of the countryâ€™s diamonds.
â€œThe report was well received by Cabinet and the general feeling is that we should put mechanisms to sell our diamonds. This however should be agreed upon by the relevant ministries,â€ said Cde Mpofu.Â
Minister Mpofu said the sale of the diamonds will be made on the terms that Zimbabwe has fully complied with the KPCS requirements and that through the MMCZ, which is a KPCS designated exporting authority, the countryâ€™s diamonds will be accompanied by KPCS certificates issued by Zimbabwe.
Meanwhile, government says it will continue with the implementation of the Joint Work Plan agreed to betweenÂ Zimbabwe and the KPCS during the November 2009 Plenary meeting which was held in Swakopmund, Namibia, while KP monitor, Mr. Abey Chikane will continue to discharge his duties.