Luanda Accord momentum is fading...
Breakthrough demands action over promises Isi Morsel and Ravi Bhansali, Chairman and Vice Chairman, Antwerp World Diamond Centre (AWDC) refer the Luanda Accord. They said, “A few months ago in Luanda, something remarkable happened.” For the first time in decades, our industry stood united- producers, manufacturers, traders, and policymakers. Africa’s leading diamond nations. India’s powerful trade bodies. Belgium’s leadership. The UAE’s dynamic hub. We came together, and we signed. The Luanda Accord was not just another declaration. It was a concrete commitment to act; to protect and promote the story of natural diamonds through a global, African-led marketing initiative. Producer countries pledged to contribute 1% of their rough export revenues to a collective fund, exceeding $100 million, to be managed transparently by the Natural Diamond Council. The goal: to educate consumers, inspire the next generation, and clearly distinguish natural diamon...