{"id":13736,"date":"2026-02-11T08:11:01","date_gmt":"2026-02-11T08:11:01","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=13736"},"modified":"2026-02-11T08:11:08","modified_gmt":"2026-02-11T08:11:08","slug":"luanda-accord-grows-with-namibias-entry-as-gjepc-and-dmcc-advance-toward-natural-diamond-council-membership","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2026\/02\/11\/luanda-accord-grows-with-namibias-entry-as-gjepc-and-dmcc-advance-toward-natural-diamond-council-membership\/","title":{"rendered":"Luanda Accord Grows with Namibia\u2019s Entry as GJEPC and DMCC Advance Toward Natural Diamond Council Membership"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Luanda Accord Grows with Namibia\u2019s Entry as GJEPC and DMCC Advance Toward Natural Diamond Council Membership<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized has-custom-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2026\/02\/IMG-3-4.jpeg\" alt=\"\" class=\"wp-image-13738\" style=\"border-width:3px;border-top-left-radius:5px;border-top-right-radius:5px;border-bottom-left-radius:5px;border-bottom-right-radius:5px;width:700px\" srcset=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2026\/02\/IMG-3-4.jpeg 1000w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2026\/02\/IMG-3-4-300x180.jpeg 300w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2026\/02\/IMG-3-4-768x461.jpeg 768w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2026\/02\/IMG-3-4-600x360.jpeg 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>The Luanda Accord has expanded with the Republic of Namibia becoming its newest government signatory, while India\u2019s <a href=\"https:\/\/gjepc.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gem and Jewellery Export Promotion Council (GJEPC)<\/a> and <a href=\"https:\/\/dmcc.ae\/?hsLang=en\" target=\"_blank\" rel=\"noreferrer noopener\">Dubai Multi Commodities Centre (DMCC)<\/a> move closer to joining the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Natural Diamond Council (NDC)<\/a>.<\/p>\n\n\n\n<p>The developments were announced at the second high-level meeting of the Luanda Accord, held alongside African Mining Indaba 2026. The meeting marked a strengthening of collective efforts to support global generic marketing for natural diamonds under the leadership of the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">NDC<\/a>.<\/p>\n\n\n\n<p>Launched in June 2025, the Luanda Accord brings together diamond-producing nations and industry stakeholders committed to sustained investment in protecting and promoting the natural diamond category. With Namibia\u2019s formal entry, the Accord now includes Angola, Botswana, the Democratic Republic of Congo and Namibia.<\/p>\n\n\n\n<p>By signing the Accord, Namibia has committed to contributing to global category marketing in line with its principles. The move follows the country\u2019s earlier expression of support and the completion of all necessary governmental approvals. With a diamond industry dating back to 1908, Namibia is currently the world\u2019s fifth-largest diamond producer by value and hosts a significant cutting and polishing sector. Diamonds have long played a central role in the country\u2019s economy, supporting employment, community development and government revenues.<\/p>\n\n\n\n<p>Honourable Modestus Amutse, Namibia\u2019s Minister of Industries, Mines and Energy, said that natural diamonds have shaped the nation\u2019s economic journey for over a century. He added that joining the Luanda Accord reinforces producing countries\u2019 responsibility to tell the true story of natural diamonds and ensure their long-term benefits for future generations.<\/p>\n\n\n\n<p>NDC CEO Amber Pepper described Namibia\u2019s accession as a strong signal of leadership from a major producing nation, noting that collective action is critical to safeguarding the integrity and appeal of natural diamonds.<\/p>\n\n\n\n<p>At the same meeting, <a href=\"https:\/\/gjepc.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">GJEPC<\/a> and the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">NDC<\/a> signed a Memorandum of Understanding outlining a pathway for <a href=\"https:\/\/gjepc.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">GJEPC<\/a> to become an <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">NDC<\/a> member by 1 May 2026, subject to agreement on financial contributions and completion of regulatory requirements. Membership would allow both organisations to collaborate ahead of the 2026 holiday season. The step builds on GJEPC\u2019s signing of the Luanda Accord in June 2025.<\/p>\n\n\n\n<p><a href=\"https:\/\/gjepc.org\/coa.php\" target=\"_blank\" rel=\"noreferrer noopener\">Shaunak Parikh, Vice Chairman of GJEPC<\/a>, said that India\u2019s central role in the global natural diamond value chain makes collaboration essential, emphasising that transparency, cooperation and long-term consumer trust will shape the future of the sector. Amber Pepper added that <a href=\"https:\/\/gjepc.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">GJEPC<\/a>\u2019s move toward membership would further strengthen efforts to communicate the rarity, authenticity and significance of natural diamonds to new generations of consumers.<\/p>\n\n\n\n<p>In addition, DMCC signed a Letter of Intent signalling its intention to become an <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">NDC<\/a> member by 1 May 2026, reinforcing its support for the objectives of the Luanda Accord. <a href=\"https:\/\/dmcc.ae\/about\/executive-chairman\" target=\"_blank\" rel=\"noreferrer noopener\">Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC<\/a>, said the move reflects DMCC\u2019s commitment to supporting the global diamond trade and contributing to the long-term stability of the natural diamond industry. He highlighted the importance of strengthening consumer awareness while ensuring that diamond-producing countries, particularly in Africa, benefit from the value generated.<\/p>\n\n\n\n<p>Amber Pepper welcomed the opportunity to work more closely with DMCC, noting that alignment across industry initiatives would help amplify global efforts to support natural diamonds.<\/p>\n\n\n\n<p>Together, these developments mark a significant step forward for both the Luanda Accord and the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">Natural Diamond Council<\/a>, reinforcing their shared mission to protect and promote the integrity, desirability and enduring value of natural diamonds worldwide. The Accord\u2019s signatories and the <a href=\"https:\/\/www.naturaldiamonds.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\">NDC<\/a> continue to urge all participants across the diamond value chain to support sustained, collective investment in building long-term consumer demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luanda Accord Grows with Namibia\u2019s Entry as GJEPC and DMCC Advance Toward Natural Diamond Council Membership The Luanda Accord has expanded with the Republic of Namibia becoming its newest government signatory, while India\u2019s Gem and Jewellery Export Promotion Council (GJEPC) and Dubai Multi Commodities Centre (DMCC) move closer to joining the Natural Diamond Council (NDC). 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