As part of its Diamond Policy Framework, the GNWT offers this Approved status to manufacturers who meet specific standards and experience, and have the desire to manufacture the highest quality government certified diamonds as part of this program.
Approved NWT Diamond Manufacturers employ trained and skilled professional cutters who pass the high standards and rigorous certification testing set out in the Occupational Standards of the Department of Education, Culture and Employment.
Approved NWT Diamond Manufacturers must enter into a Monitoring Agreement with the GNWT, as stipulated in the Diamond Policy Framework. The purpose of the Monitoring Agreement is to ensure the manufacturer complies with their commitments to the GNWT.
This monitoring agreement states that ITI will conduct ongoing reporting, audits, and inspection reviews on a regular basis to ensure compliance of these terms.
Diamond Policy Framework Updates
Changes to the Diamond Policy Framework were announced December 6, 2018
The Government of the Northwest Territories has amended its Diamond Policy Framework to take a new approach to realizing economic benefits from diamond manufacturing.
The policy now provides the opportunity for manufacturers to export a portion of their NWT rough diamonds in exchange for alternative investments in the NWT economy.
See the attached document for the new policy and application process.
|Diamond Policy Framework||280.62 KB|