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As global trade fragments into power blocs and strategic alignments, market logic is increasingly shaped by geopolitics, supply-chain security, and institutional leverage.
Introduction Ambassador K. P. Fabian is one of India’s most seasoned diplomats, a veteran of the Indian Foreign Service (1964–2000) whose career spanned critical postings in Iran, Sri Lanka, Canada, Austria, Finland, Qatar, and Italy, as well as multilateral representation at the
At the crossroads of commerce, culture, and collaboration stands Dr. B.B.L. Madhukar, Director General of the BRICS Chamber of Commerce & Industry in India. A distinguished leader with decades of experience in international trade and diplomacy, Dr. Madhukar is admired as much
AAN | 27:12:2025
India has been confirmed as the Chair of the Kimberley Process for the year 2026, bringing closure to an extended impasse over leadership within the global diamond certification body. The decision was reached by consensus among participating members, following months of negotiations after earlier bids failed to gain unanimous support. India will formally assume the chairmanship from January 1, 2026, after serving briefly as Vice-Chair in late 2025.
The Kimberley Process is a tripartite initiative involving governments, the diamond industry, and civil society, aimed at preventing the trade in conflict diamonds. India’s appointment marks its third tenure as Chair, underscoring its growing influence in the global diamond value chain. During its chairmanship, India is expected to prioritise governance reforms, strengthen compliance mechanisms, and advance discussions on transparency and traceability within the Kimberley Process framework.