In his address before the participants of the Third International Rough Diamond Conference, Sierra Leone’s Vice President Samuel Sam-Sumana stated that in a recent meeting with Israel Diamond Institute Group’s (IDI) Managing Director Eli Avidar he informed him that Sierra Leone aspires to strengthen its diamond industry.
The Vice President noted: “The current atmosphere in Sierra Leone encourages foreign investment. In the past seven years we have enjoyed quiet in Sierra Leone. This was expressed in the peaceful transition of government last September.””We are taking steps to restore growth in our country. We adhere closely to the Kimberley Process.
All of the diamonds we export are conflict free,” he stressed.Sam-Sumana noted that diamonds constitute 90% of the country’s revenue from export.
He stressed that many people can be saved from poverty through the diamond industry. “Much depends on us and our ability to attract foreign investment and diamond traders. Sierra Leone recognizes the importance of private investors – they are in fact a significant part of our business plan.
The aim is the creation of a supportive, stable and attractive business environment.
”The Vice President referred to the government’s reexamination of all of the country’s mining agreements. “Our aim is not to arouse difficulties but to ensure that the agreements are fair and ensure that the people of Sierra Leone receive their rightful share.” “We encourage international companies to develop industries and mining in the country.
The kind of enterprises that will create added value and job opportunities for our people.”