EUROPE ADOPTS CUSTOMS CODE TO DIFFERENTIATE NATURAL & SYNTHETIC DIAMONDS
The European Commission has adopted a new customs code to differentiate between natural and synthetic diamonds. In a communication to the members of the national associations of the European Federation of Jewellery (EFJ) and to public authorities, the association applauded the pending entry into force of the new European customs code for synthetic diamonds. This code, introduced in the European combined nomenclature (Chapter 71), will enter into force as from January 1, 2020. It will be applied until January 1, 2022, when the HS6 customs code, which was recently adopted by the World Customs Organisation (WCO), will be applied at the European level.
The EFJ and its membership pursued the adoption of this new European customs code, which will facilitate the monitoring of synthetic diamond flows in Europe, thus allowing better compliance with the Kimberley Process Certification Scheme. Although legitimate, synthetic diamonds fundamentally differ from natural diamonds, the EFJ writes. The EFJ says it therefore welcomes the acknowledgement of the difference between natural diamonds and synthetic diamonds by the European Commission through the new customs code. Given these fundamental differences, the EFJ also deems it essential to legally oblige retailers to duly inform consumers about the nature of the product they are selling. The EFJ will therefore continue to advocate the establishment of a European legislation differentiating natural diamonds from synthetic diamonds at retail level in order to ensure consumer protection through full product disclosure.